Gamblers café

Via Out-law.com: A former bookmaker, Henry Spurway, is to open the world's first licensed betting exchange shop, easibet.net, in Edinburgh.

Betting exchanges seem to be places where clients bet against each other rather than against the shop, until now in a purely online capacity. Mr. Spurway however will provide a sociable alternative in a internet café / eaterie / betting exchange.

Mr. Spurway has been given betting office licenses for two shops and on Friday 2nd May Lord Drummond Young, in the Court of Session, dismissed a claim by William Hill that the licensing board had acted ultra vires in granting the license, though conceded a judicial review of the licensing boards decision. William Hill claim that betting exchanges are illegal under the 1963 Gaming, Betting and Lotteries Act.

Scotland on Sunday say,

The judicial review of the Spurway licences is set to be the biggest court case in the history of British bookmaking. At Friday’s preliminary hearing, there were five QCs and advocates and twice that number of solicitors in court.

Posted by Paul at May 16, 2003 06:36 AM |

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