Government to mop up betting cash

25/07/2010 | By More

Following a pledge by the UK coalition government, MP Don Foster has been asked to compile a report into abandoned betting accounts estimated to amount to millions of pounds which could be used to improve public sports facilities and clubs in the UK. Basically the government are looking at ways to access dormant cash in betting accounts. This is more or less the same initiative that they have embarked on with savings accounts.

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I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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