“Betfair’s iPhone App takes advantage of the handsets’ multi-touch interface and high-resolution screen, offering our iPhone customers the same core exchange functionality as the main Betfair site,” said Charles Palmer, Head of Mobile at Betfair.
Apparently the Betfair app uses GPS to locate and verify a customer’s location before they are allowed to place a bet, to ensure they are in the UK.
Previously, Apple hasn’t allowed betting apps into the store, likely because of the US ban on online gambling.