Betting Co. Liable For Misusing Pricing Data On Horse Races

Law360, London (October 9, 2020, 8:25 PM BST) -- A London appeals court ruled Friday that a horse betting company is liable for conspiring to harm a rival but that it did not mean to misuse live racing data, shaking up an upcoming trial to determine how much damages the betting information supplier may owe.

In a split decision, the Court of Appeal held that Sports Information Services Ltd. unlawfully conspired against The Racing Partnership by breaching the terms and conditions of online betting exchanges.

But the justices also held that SIS did not receive the information on race conditions in breach of its confidentiality obligations to TRP, since it...

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