Finally Apple has accepted the first official iphone app featuring online gambling after many rejections. While mobile gaming is nothing new, Apple has been careful to weed out gambling applications, until now.

This new sport category app has been developed by Betfair, and will allow users to place sports bets and will serve as Betfair client to make other wagering activities. The Betfair gaming will only be made available to residents of the United Kingdom and Ireland.

The application will employ the self-contained GPS in the iPhone to determine the player’s location. Attempts to place bets from locations outside the prescribed area will be blocked.

The application was pushed through the vetting process to be available in time for next month’s World Cup event. Gambling on this year’s World Cup is anticipated to set international records on volume and amounts wagered.

US players are barred from using mobile gaming devices, and US telecommunications companies will not authorize devices to permit gambling applications. US residents seeking to entertain them may have a glimmer of hope, in that mobile gaming policies may likely change if and when US regulation of online gambling begins.

Download this Application from Apple app store or visit Betfair website to learn more about this application.