Tag Archives: Exempt Board of Trade

American Civics Exchange… a little update

On February 10, 2009, the American Civics Exchange (see our previous post) received an official acknowledgment from David Stawick, Secretary of the CFTC. The CFTC website, however, does not yet list ACE in their directory of eBOTs. It will, ultimately … Continue reading

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American Civics Exchange = CFTC-regulated Exempt Board of Trade

American Civics Exchange is enabling what InTrade (circa 2006, when they applied for the eBOT status) couldn’t… —getting the CFTC stamp of approval, and running a real-money prediction exchange from within the US territory (as opposed to offshore). The ACE … Continue reading

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What does the TradeSports/InTrade “split” really amount to?

TradeSports has been incorporated as a separate company in the Netherlands Antilles, while Intrade remains incorporated in Ireland, and they have split up the trading categories across the two websites. However, this looks sort of like a BetCRIS/BookMaker split, with … Continue reading

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Reality Check on TradeSports-InTrade John Delaney’s Exil Statement

Speaking via Skype from Ireland, E.U., where he is now in exile, TEN CEO John Delaney made a number of points. Let’s check. (Note: This is the second version of his statement, on another URL.) — We have become regarded … Continue reading

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David Pennock on US gambling/futures laws and the legality of prediction exchanges.

David Pennock lists what is currently legal in the U.S. Here are three points he makes: HedgeStreet is one of the few companies that has trudged down the lengthy, costly, and arduous path of obtaining official sanction from the US … Continue reading

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