Betfair responds to critics over its delay in settling Wh2020 bets
The firm issued the following statement this evening: We have not settled certain markets on the Betfair Exchange relating to the U.S. election because of the uncertainty about the outcome of the results caused by ongoing recounts and potential legal challenges. Given our responsibility to both backers and layers to ensure that the markets are settled correctly and given the unprecedented amount of money that has been traded on these markets, we have sought advice from leading U.S. lawyers to…