Betfair hit by Cyprus restrictions

9 Jul 2012

LONDON, England -- Betfair's shares took a bit of a battering on the news that Cyprus plans to introduce curbs on online gambling, The Guardian reported.

Betfair shares feel 4.5% the report said.

The company however challenged and will investigate the legality of the move by Cyprus under EU law, The Guardian report said.

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	Betfair hit by Cyprus restrictions 9 Jul 2012 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> LONDON, England -- Betfair's shares took a bit of a battering on the news that Cyprus plans to introduce curbs on online gambling, The Guardian reported. Betfair shares feel 4.5% the report said. The company however challenged and will investigate the legality of the move by Cyprus under EU law, The Guardian report said.

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Betfair hit by Cyprus restrictions