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Shares in BetBull up 11.88 per cent to an all time high

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The company announced the launch of its live person-to-person horse racing only betting exchange site.

The site is a ground-breaking co-operative between racing associations and bookmakers. It is the first and only exchange which allows the racing industry to participate in a split commission agreement.

This historic move will allow German horse racing to receive a share of the generated commissions.

The existing partnerships with the racing associations of Munich and Baden Baden provide BetBull with the exclusive rights to promote its live betting exchange at the race tracks themselves

On Sunday 17th April there will be the first such presentation at Munich race course.