Well, its the legislators who believe they are responsible for the morality of the populice and use the ‘terrorist card’ to try and silence any critics. If you were to speak out, you’d be branded as soft on terrorism.

There ARE safeguards for money laundering. There ARE checks and balances for the handling of electronic transfers. Online gaming is safe and controlled DESPITE the US government trying to shake it down.

Unfortunately, there are easier ways to launder funds for terrorists and the drug cartels. Too bad the moral majority fail to act in those circumstances and are short sighted in their actions.

A number of attempts were made to use Betfair’s site fraudulently, but they were unsuccessful: they were identified; accounts were closed; and all relevant information was shared with the police. It is simply incorrect to say in respect of Betfair that “winnings were withdrawn and transferred to online bank accounts under their [the terrorists’] control”.

We worked with the police during this investigation, and continue to do so as necessary. We are pleased to have played our part in providing evidence to them.

We are prevented from disclosing anything further.

Notes to Editors:
1. Betfair has a money laundering team of four full time employees, headed by a former Detective Chief Inspector in the Serious & Economic Crime Directorate of the Metropolitan Police.
2. Betfair is compliant with the Proceeds of Crime Act and the soon-to-be-implemented EU Directive on money laundering.

For further information, please contact Mark Davies, +44 20 8834 8208