Stephen Burn

Betfair $10M Into U.S. Racing Exchange Site

December 07, 2011

Stephen Burn, the CEO of TVG and Betfair, said that his company has already spent 10 million dollars on the development of a U.S.-based exchange wagering site for horse racing

Demystifying Exchange Wagering

December 01, 2011

The concept of exchange wagering confuses some. Others wonder how the racetrack, exchange operator and successful punter make money off the wagering venture.

Betfair Looking To Acquire Monmouth

February 24, 2011

"New Jersey has a fantastic horse racing heritage. Betfair and TVG are absolutely committed to having a role. The racing product at Monmouth Park was vastly superior last summer. Similarly, the Meadow...

"We Don’t Share The Doom And Gloom"

December 06, 2010

Many people opt to cast a shadow of doom and gloom on the current North American horse racing industry, but one person that doesn't share that opinion is Betfair's Stephen Burn. “There’s potentially m...

Contention, Correction And Surprise In CA

August 26, 2010

The California Horse Racing Board’s wild rush toward exchange betting, which would give Betfair the first U.S. foothold it has long sought, was brought up short yesterday by the Senate President pro t...

Contention Over CA Exchange Wagering Bill

August 25, 2010

According to a report, opposition to AB 2414, the bill in California which would legalize exchange wagering in the state, is being contested by both Republicans and track operator Magna Entertainment,...

Betfair To Sponsor Major T-Bred Races

December 10, 2008

According to a report, Betfair, the online betting exchange, has come to an agreement with England’s Ascot Racecourse to become the new sponsor of the prestigious King George VI and Queen Elizabeth St...