Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: BetFair US

GREAT NEWS: Stephen Burn is now the big boss at BetFair USA [*], and Gerard Cunningham is out. – [VIDEO]

Written by Chris F. Masse on March 12, 2010 — Leave a Comment

BetFair won’t release any public press release on all this, but they told me what’s on this site is accurate: Stephen Burn (previously director of horse racing) is taking over BetFair US leadership, including TVG.
We have decided that the strategy for the U.S. is to enhance our horse racing offerings and to support our global [...]

Posted in Business, Exchange & Market Management, Exchanges & Markets | Also tagged , , , , , ,

No real-money prediction markets in the US till 2010 or 2011 —at best.

Written by Chris F. Masse on December 1, 2009 — Leave a Comment

Start-Ups Hedging Their Bets On Online-Gambling Legislation.
Wall Street Journal:
Gerard Cunningham, president of BetFair US, the world’s largest legal online gaming company, isn’t confident that the bills will get their proper hearing in Congress soon.
“The challenges those bills face is the amount of things going on in Washington,” Cunningham said. “They have other concerns now… maybe [...]

Posted in Betting, Exchanges & Markets, Gambling, Regulations | Also tagged , , , , , , , , , , , , , , , , , , ,

BetFair Growing 30%, Easing over the Pond, and Hiring 50 Valley Engineers

Written by Chris F. Masse on August 25, 2009 — Leave a Comment

BetFair Growing 30%, Easing over the Pond, and Hiring 50 Valley Engineers
TechCrunch republishes BetFair’s PR material. No independent analysis in this TechCrunch story. Nothing about problem gambling, for instance. Nothing about InTrade, BetFair’s competitor.
TechCrunch = stenographers

Posted in Analysis (Industry), Betting, Exchanges & Markets, Journalism | Also tagged , , , , , , , , ,

BetFair USA in Silicon Valley is building a social betting website.

Written by Chris F. Masse on July 17, 2009 — Leave a Comment

CNN Money:
The plan is to build a technical team that can combine that television property with a brawnier website, which can stream live horse races to viewers and add all the social media bells and whistles, including Twitter feeds, chat and blogging — to make the horse-racing experience more akin to watching an episode of [...]

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce, Internet Strategy, Regulations, Software | Also tagged , , , , , , , , , , , , , ,

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