Category Archives: Regulations
Nate Silver against the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA)
Nate Silver against the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA)
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How confidential is your confidential data in the hands of online payment solutions? Is Moneybookers fully in tune with the law?
All we online gambling players, ploppies, punters, squares, sharps and sharks share the common need of moving our money around as quickly and painlessly as possible. With credit cards not always passing muster, online payment solutions Moneybookers and Neteller are a valuable resource. Also Paypal, which still services a limited gambling market, and Click2Pay, offering [...]
BetFair’s Mark Davies will advise the UK government on sports betting integrity.
BetFair’s Mark Davies will be one member on the expert panel about sports betting integrity (betting corruption) that the UK government is setting up.
Previously: June 28’s BetFair millionaire story in the News Of The World was total bullshit.
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This month, the Supreme Court agreed to reconsider what can be patented.
Will economist Robin Hanson be sent to D.C. to testify against the “business method” patents and other crazy patents?
“Today, we benefit from inventions made possible through highly collaborative and interconnected technologies. Many of the products that consumers demand are complex and include contributions from multiple innovators that incorporate hundreds if not thousands of patented inventions.”
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Crackdown on Internet gambling and betting
Federal authorities in New York have frozen or seized bank accounts worth $34 million belonging to 27,000 online poker players.
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Prediction Markets for Valuing Private Companies
Everyone seems to have an opinion on the future prospects of Facebook and Twitter. Some of us even feel strongly enough to want to bet on it. Unfortunately, the companies are privately held, and unavailable to be bet on in the traditional way, via the stock market. It is not just household names like Facebook [...]
Rich Jaycobs was right.
There is now a strong anti-derivatives mood in D.C.
Watch out, event derivatives.
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Peer-to-peer lending is crossing the SEC’s hair.
The comment is made in the video by VC Fred Wilson at 21:22 into.
Video on the other blog, which is devoted to Internet business models. (This present blog remains focused on prediction markets, and we will be developed greatly in the coming years. We have a big plan.)
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Both Google and the FTC will monitor the credibility of your prediction market blog.
Google already assesses the reputation of blogs with its PageRank system (and the 199 other parameters that its algorithm computes). Now, we are learning that the FTC will go at it and monitor whether the bloggers who receive $$$ from commercial organizations do disclose that to their readers. In our field, it would apply to:
The [...]
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