Presidential Poll Punters Pour Money Into Britain

Evening Standard - London › October 30, 2004

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Summary

BRITISH bookmakers and betting exchanges are set to take almost Pounds 20 million worth of trades on the contest between George W Bush and John Kerry by the time the US Presidential election results come in on Tuesday night.

Many high-flyers in the financial markets - including, it is rumoured, hedge fund billionaire George Soros - have been placing bets on Bush-Kerry through firms over here, because such betting is not permitted in the US.

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Extract

Presidential Poll Punters Pour Money Into Britain

The biggest slice of business is going to Dublin-based betting exchange Tradesports which ha...

See the full content of this document