Tag Archives: Internet Gambling Prohibition

AMERICAN PREDICTION MARKET BLOGGER WHO WENT INTO HIDING AFTER THE PASSING OF THE INTERNET GAMBLING PROHIBITION AND ENFORCEMENT ACT HAS RESUSCITATED HIS BLOG.

SmartCrowd will publish a “prediction market index”. Without InTrade, which is illegal in the US. “Paul” (the blogger) is terrorized by the perspective of being arrested by the FBI for publishing a hot link to an offshore (Irish) prediction exchange. … Continue reading

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Web-based petition to repeal the Internet Gambling Prohibition and Enforcement Act

Via “Europe’s foremost betting industry analyst”. The petition: We, the Undersigned, endorse the following petition: Repeal Unlawful Internet Gambling Enforcement Act Target: Barney Frank, Congressman, U.S. Congress Sponsor: Concerned Citizen * Signatures: 236 * Goal: 400,000 * Deadline: Ongoing… Unfair … Continue reading

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Iowa Electronic Markets (IEM) is a bad US monopoly on political event derivatives / prediction markets.

The mysterious (or so he/she thinks he/she is) Anonymous writes to me: I have been reading midasoracle for a few weeks now. It is a really useful survey of what is going on in the prediction market world. I think … Continue reading

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Senator Jon Kyl (R-AZ) urged Attorney General General Gonzales to enforce the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).

Lawrence G. Walters: [...] First, Sen. Kyl strongly urged Gonzales to agree that there is a need for “strong regulations.” Gonzales did so agree. Next, Sen. Kyl pushed Gonzales to agree that the regulations would include a requirement that banks … Continue reading

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Last February, blogger Donald Luskin made the switch from TradeSports to InTrade.

- 48 mentions of “TradeSports” in the archives of his blog. – Since February 25, 2007, Don Luskin started using the “InTrade” brand name (two times). Previous: TradeSports, incorporated in The Netherlands Antilles… but owned and OPERATED by an Irish-incorporated … Continue reading

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Deal Breaker’s John Carney interviewed Kynikos Associates’ Jim Chanos about Steve Roman’s Midas Oracle blog post.

And I have just discovered it five minutes ago, by total chance. #1. Kynikos Associates’ Jim Chanos did not respond to my e-mail at the time. #2. Nobody from Deal Breaker tipped me about this follow-up story. #3. The Deal … Continue reading

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NETeller yesterday, TradeSports-InTrade tomorrow?

Via Betting Market at Delicious (which you may bookmark if you wish to get further links on the new internet Gambling crisis, later on this week): – United States of America v. Stephen Eric Lawrence – United States of America … Continue reading

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And the winner is… LANCE FORTNOW.

Page Titles – Uniq. Views – Pageviews – [since blog inception, according to Google Analytics] — Midas Oracle – 9,227 – 16,008 Midas Oracle » Blog Archive » “If Virginia and Montana go democratic then the markets predicted every race … Continue reading

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Graduate School Question & H.R. 4411

H.R. 4411 is the official title of the Internet Gambling Prohibition and Enforcement Act. Here’s from Jonathan Moses Katcher (who has accepted my invite to join us): I have been following your online material for about 3 years now, so … Continue reading

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TradeSports-InTrade: We’re a prediction exchange, NOT a bookmaker or sportsbook.

TEN CEO John Delaney, once again, made his point: As you know we operate an exchange. We are not bookmakers. The new and historical laws apply to bookmakers. To which trader “Abacus” replied: If this were my company I’d also … Continue reading

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