Tag Archives: Internet gambling ban

Are U.S. banks capable of stopping transactions tied to event derivative traders made for speculating at InTrade-TradeSports and MatchBook?

Posted on April 2, 2008 by Chris F. Masse

New York Times: Congress to Take Testimony on Internet Gambling Ban By Matt Richtel The Unlawful Internet Gambling Enforcement Act of 2006 made it illegal for banks and other financial institutions to process online wagers. The goal was to find … Continue reading →

Posted in Regulations | Tagged author, Barney Frank, Betting, chairman, Congress, Department of the Treasury, Federal Reserve System, Gambling, House Committee on Financial Services, Internet betting and gambling, Internet gambling, Internet gambling ban, Internet Gambling Enforcement Act, law enforcement, Massachusetts, Matt Richtel, New York Times, Regulations, United States, Unlawful Internet Gambling Enforcement Act of 2006 | 2 Comments

W.T.O. on internet gambling and betting – United States of America vs. Antigua-Barbuda

Posted on August 24, 2007 by Chris F. Masse

I ran this story yesterday, as you have seen, but Steve Roman has spotted another excerpt that is interesting. — New York Times (page two): [...] Complying with the W.T.O. ruling, Professor Jackson said, would require Congress and the Bush … Continue reading →

Posted in Regulations | Tagged Antigua, Bush administration, Congress, Internet gambling, Internet gambling ban, Jackson, New York Times, online purchase, Professor, Steve Roman, United States Of America, Web-based pro sports | Leave a comment

Marketplace Radio says: Don’t bet on Internet gambling ban’s reversal.

Posted on June 9, 2007 by Michael Giberson

Marketplace ran a radio news story on the Internet Gambling Regulation and Enforcement Act: JOHN DIMSDALE: Opponents of the ban on Internet gambling say its none of the government’s business what Americans do with their own money in their own … Continue reading →

Posted in All Guest Authors's Posts, Politics, Regulations | Tagged Barney Frank, Congress, energy, Internet gambling, Internet gambling ban, Internet Gambling Regulation, JOHN DIMSDALE, Marketplace Radio, Massachusetts, online gambling, World Trade Organization | 1 Comment

Internet gambling ban: traders caught by surprise.

Posted on October 1, 2006 by Chris F. Masse

Historical data for this prediction market show that outcome probability remained flat around 20%, since inception. Then, it peaked at 87% just after the bill passed the US Senate. Source: TradeSports Post Scriptum: I have copied and pasted the HTML … Continue reading →

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged bad Internet usability, HTML, Internet gambling ban, United States Senate | Leave a comment

Internet gambling ban has passed.

Posted on September 30, 2006 by Chris F. Masse

The US Congress has approved the internet gambling ban bill. (Reuters, Wash Post). [Thanks to NY-based trader Steve Roman for the link.] TEN CEO John Delaney has been feeding the gullible media with the concept that, because TradeSports / InTrade … Continue reading →

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Contract Statements, Market Expiry, Regulations | Tagged CEO, Congress, Dublin, gullible media, help@tradesports.com, Internet gambling, Internet gambling ban, internet gambling ban bill, internet gambling firms, John Delaney, NY-based trader, prediction markets, President, Reuters, Steve Roman, Trader, United States, United States Congress, unlawful internet gambling, US President | Leave a comment