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SA Horserace Betting Now Offered by Betfair

Phumelela and Betfair forge horseracing agreementJuly 22 - After signing an agreement with Phumelela Gold Enterprises last week, leading UK-based online sports betting operation, Betfair, is now offering its over two million registered customers access to South African tote pools as well as live streamed footage over of the internet of South African horse races.

Under the terms of the agreement,
bets laid on South African horse races via Betfair are channeled into TAB pools hosted in Joburg on Phumelela's secure and robust Amtote betting system. Betfair customers can partake in tote betting in the  UK, Ireland, Australia and now South Africa.

Said Phumelela Group CEO, Rian du Plessis, '
The future of tote betting is in the internet environment and Betfair is a significant player in this market. In addition, Betfair is a successful and progressive online operation, one that matches our ambitions, and why we're looking at other areas of co-operation.'

Also pleased with the deal is Betfair's Steven Johnson, '
This deal underlines our commitment and support of international racing. We now offer tote betting in various international jurisdictions, and this new partnership will help to put money back into South African horse racing from our exchange and the Tote.'

Phumelela Gold Enterprises (PGE) is a joint venture between South African horseracing and tote betting operators Phumelela and Gold Circle. PGE is managed by Phumelela (listed on the Johannesburg Stock Exchange) and owns all the local and international broadcast and information rights to South African horseracing.

Betfair also offers a wide range of innovative online gambling services including online casino, exchange games and online poker facilities in addition to its impressive horseracing and sports betting offerings.

Visit Betfair today to learn more about betting on South African horse racing.


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