Category Archives: Gambling
Smarkets want you to believe that they are going after a much bigger betting market than BetFair’s one.
Their CTO (Hunter Morris) is the first to present in the video. Watch out for his slide on casual and social betting.
Startups Rally – Part I – Elevator Pitches (4 of 4) from Plugg Conference on Vimeo.
Download this post if your feed player does not show you the video above.
External Link: Smarkets
French online gambling laws are turning into a kafkian farce.
The French government will ask internet gambling operators accessing the French market to turn over:
the ID details of all gamblers;
the banking info on all gamblers;
the details of all bets made by the gamblers;
the source code of all software used;
etc.
Crazy.
Internet Gambling Regulation, Consumer Protection and Enforcement Act
Bipartisan Tax Fairness and Simplification Act –> Internet Gambling Regulation, Consumer Protection and Enforcement Act
The BetFair and InTrade websites are going to be blocked in France…
… unless they fork over “in between 52,000 euros and 215,000 euros” for a 5-year period.
Is that regulation or extortion?
Mastercard and Visa online gambling crackdown
Credit cards Mastercard and Visa have recently imposed restrictions on online gambling transactions to US customers, in preparation for the implementation of the anti-gambling legislation in June this year.
The following was reported by eGaming Review:
Mastercard crackdown leaves US players unable to pay
US-facing operators have been hit by an overnight crackdown on online gambling payments by [...]
Ladbrokes data scandal: personal information of millions of customers offered for sale to national newspaper
Ladbrokes suffered a mighty embarrassment, earlier this week, and 4,500,000 customers had cause to get nervous, when the Mail On Sunday revealed that the UK uber-bookmaker’s customer database had been offered to them for sale:
For sale: Personal details of millions of Ladbrokes gamblers, offered to the MoS by a mysterious Australian
The confidential records of millions [...]
BetFair (via Right2Bet) are furious at the new French gambling laws.
Right2Bet (operated by BetFair):
A Senate hearing on Tuesday looked at ways in which the French authorities could make it more difficult for operators not licensed in France from offering their products to French citizens.
They are now looking at adding wording to the new gambling bill, set to ‘open up’ the market in time for the [...]
France will soon block access to the BetFair and InTrade websites.
Gambling operators that are not be licensed by France will have their web access blocked for the French public. The license would require that servers be located within French territory.
France = Communist China
HR 2267 = a bill that would legalize Internet gambling in the United States
Will happen in 2010.
Bye bye UIGEA.
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