"kaluki" Discussed on The Final Furlong Podcast
"That situation. You mentioned the silence from the major organizations that they haven't really engaged in this. Is part of that because, as I mentioned, most of them are now conglomerates, they're basically monopolies at this point. That this will allow them because of their margin to squeeze out more independent bookmakers. It will put more pressure on independent bookmakers to conform with the new proposals that have been put in place. Would that be a reasonable statement that in some ways this actually suits them because they can squeeze you, kaluki and the others out? Absolutely true. I mean, the biggest thing the biggest sale emerge if you like. That position in recent times, which has been which was bizarre permitted by the competition and markets authority was the purchase of betfair the exchange, I'm not talking about their sports but product to it. But the purchase of betfair by the flutter empire. And that has and of course there'll be more stories about people being factored out, not factored out, but regulated out on betfair, who can't win a bet. I mean, I think bet they pay me the other day, the only money for two years because I refuse to give them my data. And they refuse to give me my money. So we had a bit of an impact until I threatened them. And they then paid me my money without me having to produce my data. But they'd already had data from me, of course, when I deposited. But their ability to basically they are compressing the exchange in my view. If you look at the level of liquidity and it's never been so low, and they are compressing that as a business, they're keeping it going, but the compression as a business because back there exchange used to be a direct competitor to sports books. And that particular acquisition has seriously disadvantaged the casual investor, the casual hunter, because it's allowed if you look at pattern powers in low and skybase and park all this plotter empire. If you look at their prices, their margins creeping up and up all the time. They, for example, they no longer take prices from racecourse bookmakers, horse race prices. They make their own prices. They govern their own their own market. And well, that's fine. They should I suppose be entitled to their lay in the back. So they're supposed to, I suppose, if they did lay or bet, of course, they should be entitled in a way to govern what prices they offer to their customers. But at the end of the day, what's gradually being happening over the last couple of years is an increase of the moment in that big betting companies are taking. And a compression of the market in that three
