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1. betinternet.com - Tax Free, Online Sports Betting
Welcome to our exclusive TAX FREE pari-mutuel and fixed odds sports betting service, fully licenced by the Isle of Man Government in the British Isles.

The Isle of Man General Betting Duty Order 1998 introduced a reduced betting duty of 0.3% for International telephone bets. As a result of this development betinternet.com applied for and secured one of only 3 international licences available on Island.

betinternet.com plc began initially as a telephone call centre but has since changed the core of the business from high risk low margin telephone wagering to low risk higher margin internet business.

In March 2000, betinternet.com launched an interactive website offering fixed odds markets covering all major international sports. Soccer is our premier product, over 75% of turnover is achieved on soccer wagers.

betinternet.com plc was admitted to AIM in May 2000 raising GBP3m sterling. A further GBP4.5m sterling has been raised more recently mainly to fund the technical infrastructure, the expansion of the workforce (approaching 50 people in Douglas Headquarters), and as a marketing spend requirement to expand the brand globally.

The period from June 2001 to May 2002 has marked another year of rapid expansion for betinternet.com plc. Internet betting turnover increased 330%, gross profit increased 140% and customer accounts 188%.


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