Gadgets boost Betfair demand

Online gambling firm Betfair today said its investment in betting-on-the-move was paying off as it revealed the number of wagers placed on devices such as iPhones and iPads had doubled.

Some 7.4 million bets were placed with Betfair on mobile devices in the three months to July 31, twice the number in the same period last year, while a third of all wagers with the company are now placed on a mobile product.