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Communications
Betfair named "Socially Responsible Operator of the Year"
On Friday 4th November Betfair was named “Socially Responsible Operator of the Year” at the inaugural eGaming Review Industry awards.
The judges decided that Betfair “won by a length” for the following reasons:
- Robust age and identity verification systems.
- New initiatives such as ‘URU’, a multiple-database Know Your Customer checking system.
- Betfair’s efforts to stop corruption in sport and to rescue Sporting Options’ punters went beyond pure commercial logic and demonstrated a commitment to making the industry as responsible as possible.
Referring to Betfair’s information-sharing agreements with sport’s regulators and its £3.9m rescue package for Sporting Options’ punters, the judges said: “Both these actions made good business sense – it would be disingenuous to suggest otherwise – but it also went far beyond the call of duty, and reflected a determination to protect and enhance the credibility and responsibility of the industry as a whole.”
This award is further proof of Betfair’s commitment to setting new standards of integrity and socially responsible wagering.
Communications
Betfair named " 2005 Company of the Year", for the second straight year
On Wednesday 30th November Betfair was again named the 2005 Company of the Year at the CBI Growing Business Awards - the first time any company has won this prestigious award twice.
The judges praised Betfair’s strong financial growth and market leading position and confirmed the CBI’s view of the company as one of Britain’s most respected businesses.
Betfair Chief Operating Officer David Yu said: “To win this prestigious award once is a great achievement but to retain it for a second year is remarkable. It is a fantastic endorsement of both our product and our business and we look forward to maintaining the staggering growth that the company has already experienced over the coming years.”
Sir Digby Jones, Director General of the CBI, commented on the Growing Business Awards: “Thriving and innovative smaller companies are the backbone of British industry but all too often they are unsung heroes. These Awards are an invitation to share their success stories with us and help pave the way for even greater achievements.”
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