INTERNET BUSINESS NEWS-(C)1995-2004 M2 COMMUNICATIONS LTD

Online betting exchange Betfair has entered into an agreement with online gaming company The Ritz Club London Online to develop online gaming facilities.

The companies will work together to develop and market a Ritz Club London Online branded version of the Betfair betting exchange. Once the site is operational consumers can view live betting exchange prices that have been streamed into the casino application.

Betfair will manage the facility that will enable registered players to wager on the site and supply transaction processing as well as a customer support centre.

Visitors can access the betting exchange via The Ritz Club London Online web site at http://www.theritzclublondon.com.

No financial terms were disclosed.

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