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- Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]
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Tag Archives: federal law
The Case for Decrimininalization of Prediction Markets
[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading
Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations
Tagged Bear Sterns, BetFair, CFTC, Commodity Futures Trading Commission, decision-making tool, Dublin, economist, Enron, event derivative markets, event derivatives, event markets, federal law, Internet casinos, Internet Gambling Enforcement Act, internet gambling laws, InTrade, Iowa, Iraq, Jay Graziani, Justin Wolfers, laws, Major, MATCHBOOK, Middle East, National Basketball Association, NBA, oil, oil crisis, online gamblers, online prediction markets, Pennsylvania, Pentagon, prediction exchanges, prediction markets, profit-making tools, real-money prediction exchanges, real-money prediction markets, Regulations, S&P 500, sports betting, Stanford, the Science, The University of Iowa, the University of Pennsylvania, TradeSports, United States, United States Congress, Unlawful Internet Gambling Enforcement Act of 2006, Wager, Wharton School, Yale
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Bet America = Web-based betting on US horse racing
Via Simon Skinner’s comment, here… Bet America: BetAmerica.com is an online race wagering service of Lien Games Racing LLC, in association with Horse Race North Dakota, the licensed operator of North Dakota Horse Park. Licensed, based and regulated in the … Continue reading
Posted in Betting, Exchanges & Markets
Tagged Bet America, BetAmerica, Betting, federal law, Horse Race North Dakota, horse racing, horseracing, Internal Revenue Service, Internet service, licensed operator, Lien Games, Lien Games Racing LLC, North America, North Dakota, North Dakota Horse Park, online race wagering service, Simon Skinner, United States, US horse racing. horse racing, USD, wagering, Web-based betting
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The sixth annual European i-Gaming Congress and Expo – at the Barcelona Diagonal Conference Centre
Online Casinos: [...] The complicated state of US law The always fascinating subject of American state and federal law as applied to online gambling was next on the agenda, with US gaming lawyer and respected author Martin Owens and the … Continue reading
Posted in Analysis (Industry), Regulations
Tagged America, Congress, Edward Leyden, federal government, federal law, gaming lawyer and respected author, iMEGA, Internet gambling, judge, Martin Owens, Mary L Cooper, online casinos, online gambling, President, state vs. federal law, United States
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Antigua attorney speaks out on landmark WTO case.
4-page interview [...] In essence, if the United States was going to say that “remote” gambling was so bad that it was necessary to prohibit it across the board, then it indeed needed to be consistent about that, and not … Continue reading
Posted in Regulations
Tagged Antigua, attorney, federal government, federal law, United States
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Betcha.com’s Hack of Anti-Internet Gaming Laws
Betcha.com recently began offering a U.S.-based, P2P, honor-based betting service. Its FAQ claims that Betcha.com avoids the reach of domestic state and federal anti-gambling laws because, “Unlike any other betting venue on the planet, Betcha bettors always retain the right … Continue reading
Posted in All Guest Authors's Posts, Exchanges & Markets, Regulations
Tagged anti-internet gaming laws, BetBug, Betcha.com, eBay, Federal, federal law, founder, journeyman lawyer, law works, Major, Nick Jenkins, P2P, peer-to-peer, sports betting, Technology Liberation Front, United States
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Nick Jenkins welcomes you to Betcha.com, America’s first person-to-person betting site.
Betcha.com Betcha.com is the world’s first honor-based, person-to-person betting platform. We connect people who like to bet. Betcha works like an auction site, minus the hassles and inventory. As a Betcha bettor, you: (a) offer and accept bet propositions on … Continue reading
Posted in Betting, Exchange Genesis, Exchanges & Markets, Regulations, Resources - References
Tagged America, auction site, Betcha, Betcha Platform, Betcha Platform falls, Caribbean, Christmas, Cole Sparrow, David Bunnell, eBay, federal law, football, founder, illegal offshore gambling site, Internet Community & Entertainment Corp., Internet use, Las Vegas, law professor, law works, lawyer, Nick Jenkins, online betting sites, P2P, person-to-person betting site, PGA Tour, Seattle, Super Bowls, Tom Bell, United States, USD, Washington
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WeatherBill contracts are financial instruments, regulated by the CFTC.
— Via Tech Crunch, Weather Bill is now open for business. This is their ABOUT page: WeatherBill sells Weather Contracts to eligible buyers. Weather Contracts can be used to protect your business from adverse weather conditions, by paying you when … Continue reading
Posted in All Best Posts Ever, Betting, Exchanges & Markets, Finance, Hedging & Insurance, Market Contract Statements, Regulations
Tagged Commodities and Futures Trading Commission, EarthSat, eligible buyer, Eric Zitzewitz, federal law, Futures Trading Commission, guard, insurance agent, Jason Ruspini, Professor, retail store owners, United States, USD, Weather Contracts, weather insurance, WeatherBill
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