After Betfair acquired TVG back in late-January, it was assumed that it would eventually try to gain entry into the United States market.

After all, TVG is "the most widely-distributed horseracing networks in the world and is also a leading provider of advance deposit wagering services in the U.S."

"We have waited to enter the U.S. market until we had a high quality, and above all, legal product offering, and we believe with this acquisition we have secured those goals," said Betfair CEO David Yu at the time.

Now Greg Wood of the guardian.co.uk is expressing similar sentiments as well.

"One fascinating possibility, for instance, is that Betfair will be the first major British-based betting operation to crack America," opines Wood.

"Betfair has played a very long game when it comes to the States, doing whatever possible to refuse bets and accounts from Americans."

"Now, having bought the TVG racing television channel, it is ideally poised to take advantage of the much-anticipated move to relax the gambling laws."

Full article here.