Tag Archives: chief executive

BetFair-TradeFair has won its second Queen’s Award for Enterprise in its eight-year history.

BetFair Corporate (PDF file): 21st April 2008 BETFAIR WINS SECOND QUEEN’S AWARD FOR ENTERPRISE Online betting company recognised for International Trade BETFAIR, the UK’s biggest online betting company, is proud to announce that it has won its second Queen’s Award … Continue reading

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TradeFair CEO’s career background

The Times (of London): An odd career move for Robin Osmond, who was head of JPMorgan’s corporate equity capital markets in Europe and has turned up as chief executive of Tradefair, Betfair’s spread-betting business. It might be taken as a … Continue reading

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BetFair-backed lobby files a formal complaint against the United States of America for discrimination based on violations of World Trade Organisation rules.

Via Reason, the Remote Gambling Association (PDF file): EU online gaming industry challenges US with charge of prosecutorial discrimination Complaint under the EU Trade Barriers Regulation seeks to stop discriminatory practices against European operators Brussels, 20 December, 2007 The Remote … Continue reading

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Do sports prediction markets corrupt sport? No.

Mark Davies (“managing director of corporate affairs at BetFair” = their spin doctor) in The Guardian: Does the existence of betting exchanges corrupt sport? NO In the world of finance, it has always been far easier for employees to have … Continue reading

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A critical look at IG Group’s decision to buy HedgeStreet out.

RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately $325,000 per month. Currently, the company is not generating any revenue. Hemscott: IG Group chief executive, Time Howkins, … Continue reading

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IG Group buys HedgeStreet for $6,000,000.

Just as predicted by our Deep Throat in early October 2007 —”They are packaging HedgeStreet for a closing/fire-sale.” RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately … Continue reading

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Remote Gambling Association vs. Prediction Market Industry Association

The Remote Gambling Association (co-lead by lawful and ethical industry player BetFair-TradeFair) will do much more to help legalizing internet gambling and betting (and, hence, prediction exchanges, betting exchanges and prediction markets) in the U.S. than the Prediction Market Industry … Continue reading

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The Reuters story on the expansion of prediction exchanges

… is probably the story that prompted Matt Drudge to cite the Iowa Electronic Markets, briefly, yesterday, on its one-page website. Thanks to George Tziralis for the Reuters link. John Delaney, the chief executive of Intrade, said the similar results … Continue reading

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Siemens new chief executive said he will continue the company’s efficiency program, Fit4 2010, and pledged to resolve the compliance issues quickly.

Wall Street Journal $$$: In a statement, Siemens said the new CEO will focus on “leadership culture and organizational structure, high-growth markets, innovation, business portfolio and compliance.“ Siemens uses internal prediction markets —it is listed on both the Consensus Point … Continue reading

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