Betfair said that the Dutch Government’s attempt to prevent banks from processing betting transactions made over the internet are nothing more than a desperate move to protect the Dutch state gambling monopoly, De Lotto. 
Betfair is based in Hammersmith in West London, England. The Betfair company claims to have over 2,000,000 customers and is considered the largest bookmaker in the world.
Now Betfair is preparing to take the Dutch Government to court for placing what they have deemed to be unfair restrictions on Dutch banks attempting to process bet payments.
The Dutch Ministry of Justice sent a letter around to banks urging them to terminate all relationships with internet gambling operators.
Licensed to operate in the UK, Malta, Austria and Germany, Betfair, maintains that they are entitled to accept bets from the Netherlands because Dutch residents are currently allowed to bet online with De Lotto.