BETB Betbrokers

RNS Number:1961L
Betbrokers PLC
07 January 2008


Press Release                                                    7 January 2008




                                 Betbrokers plc



                        ("Betbrokers" or "the Company")



                                 Result of AGM



Betbrokers plc, (AIM: BETB), the UK's first retail and wholesale brokerage and
clearing house for the sports betting industry, confirms that all the
resolutions put to shareholders at the Company's Annual General Meeting held
today were duly passed.

                                    - Ends -



For further information, please contact:
Betbrokers plc
Wayne Lochner, Chairman and Chief Executive            Tel: +44 (0) 20 7127 9815
wlochner@betbrokers.com                                       www.betbrokers.com


Hanson Westhouse Limited
Tim Metcalfe / Matthew Johnson                          Tel: +44(0) 20 7601 6100
                                                         www.hansonwesthouse.com



Media enquiries:
Abchurch Communications
Chris Lane / Franziska Bohnke                          Tel: +44 (0) 20 7398 7716
franziska.boehnke@abchurch-group.com                      www.abchurch-group.com



About Betbrokers plc



Betbrokers is the UK's first independent betting brokerage.  The Company
facilitates transactional business between both retail gamblers and wholesale
clients.  The Company's operations were formally launched in 2005.



Betbrokers provides services, from its dedicated dealing room in London's Canary
Wharf, to two groups of participants within the gambling industry:



  * The Company provides its retail customers with the advantage of best price
    execution together with the ability to deal 'in size' in a majority of
    sporting events.  Retail customers will soon be able to access advanced
    data-sales and trading analysis platforms, which feed from aggregated
    internal price mechanisms.
  * Betbrokers already has agreements with over 100 bookmakers, providing them
    with the opportunity to take on additional bets from retail customers.
    Importantly, the Company also offers bookmakers a facility to effectively
    manage their risk exposure by hedging positions anomalously using Betbrokers
    as an intermediary to deal with the other bookmakers.


Betbrokers floated on the AIM market of the London Stock Exchange in November 2006.  
Further information is available on the Company at: www.betbrokers.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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