Serious Intramurals in the Online Betting Scene

“We deemed it necessary to comply with the order and withhold the release of the payout pending the conclusion of the investigation that is currently being conducted,” explained by a spokesman for Betfred. Considered as one of the most trusted and respected online casinos, Betfred was able to get the approval of the licensing authority of Gibraltar for this unilateral move.

In a recent news report by the Belfast Telegraph, a source from the company confirmed that the payout, which is the subject of an investigation, is part of the winning coup by a team organized by Barney Curley, which is believed to be worth millions of pounds. In the said news report, the case stemmed from an event on May 10, where alleged associates of Curley placed large bets which were highly suspicious on 4 racehorses entered in 4 different races at another online casino bookmaker.

UK-based online casino bookmakers, and these include Betfred, released the subject winnings to the concerned gamblers. However, the Gibraltar Gambling Commission advised the online casino and gambling division of the company to defer payment of the latest winnings pending clarification of specific issues by the 5 gamblers. The investigation is currently being undertaken by Gibraltar’s gambling authorities on the suspicion that there was probable violation of the “proxy” wagering rule.

In response to the investigation by the gambling authorities in Gibraltar, the affected gamblers sought legal relief through judicial review of the case with the Supreme Court of Gibraltar. It is expected that the Supreme Court will cite the official report prepared by the British Horseracing Authority, which ruled that there are no grounds to conclude a conspiracy among the 5 gamblers and Curley. 

This is the main reason why the 5 gamblers raised their objection to the move by the Gibraltar gambling authority to defer the release of the subject winnings. They suspect that the gambling authorities in Gibraltar, led by Phill Brear, are dragging Betfred into the fray to gain more leverage in their legal tussle.

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