Tag Archives: judge

How to run enterprise prediction markets… legally

Posted on June 10, 2008 by Chris F. Masse

Private Prediction Markets and the Law – (PDF file) – by Tom W. Bell – 2008-05-18 Abstract This paper analyses the legality of private prediction markets under U.S. law, describing both the legal risks they raise and how to manage … Continue reading →

Posted in All Best Posts Ever, Analysis (Meta), Exchanges & Markets, Regulations | Tagged CFTC, corporate prediction markets, enterprise prediction markets, event derivative markets, event derivatives, internal prediction markets, judge, laws, legislator, prediction markets, Private, private prediction markets, reasonably competent attorney, Regulations, Securities and Exchange Commission, Tom W. Bell, United States | 1 Comment

“I’ll make a $500 donation to the first think thank that makes an interesting, non-bogus use of real-money prediction markets before the end of 2007. I’ll be the judge of bogosity and interestingness, but I can say that a paper about prediction markets counts as uninteresting.”

Posted on April 28, 2008 by Chris F. Masse

Mike, My Good Lord, Would prediction market journalism (that is, showing to the normal people on the street that prediction markets can help understand better baseball games, or whatever else, on top of being fun and pure) fit your criteria … Continue reading →

Posted in Internet Marketing - Internet Commerce, Prediction Journalism | Tagged event derivative markets, event derivatives, judge, Mike Linksvayer, Open Organizations, prediction market journalism, prediction markets, USD | 12 Comments

Prediction Market Management — Foresight Exchange vs. Inkling Markets & HubDub

Posted on January 28, 2008 by Chris F. Masse

This is a follow-up post. — Ken Kittlitz (the head of the Foresight Exchange) to me: You’re correct, the owner of an FX claim must find a different FX player to act as the judge. This is largely to ensure … Continue reading →

Posted in Exchanges & Markets, X Groups | Tagged event derivative management, Foresight Exchange, FX player, head, HubDub, Inkling, inkling markets, judge, Ken Kittlitz, prediction market management, prediction markets | Leave a comment

Fallon “Betfair Trial” Collapses

Posted on December 7, 2007 by Niall O'Connor

Mr Justice Forbes said today that Australian horse race expert Mr Murrihy in his witness statement had been critical of the riding in 13 of the races and that there was a prima facie case against the jockeys. However, he … Continue reading →

Posted in All Guest Authors's Posts, Exchanges & Markets, Regulations | Tagged BBC, BetFair, British Horseracing Authority, County Clare, Crown Prosecution Service, Darren Williams, Director, Fallon trial, Fergal Lynch, GBP, Great Britain, Ireland, Irish Turf Club, judge, Kieren Fallon, Miles Rodgers, Murrihy, owner and racing syndicate director, prediction markets, spokesman, United Kingdom | Leave a comment

UK LAWS: Contempt of court serves the primary function of protecting the integrity of court proceedings.

Posted on November 2, 2007 by Chris F. Masse

Via our usual suspect ( ), the Contempt of Court Act 1981: The Contempt of Court Act 1981 (CCA) was enacted following a decision of ECHR that English contempt law contravened Article 10 of the Convention. It was intended to … Continue reading →

Posted in Prediction Journalism, Regulations | Tagged contempt law, contempt of court, High Court, Jonathan Woodgate, judge, Lee Bowyer, Media, pure media censorship | Leave a comment

What to think of the newly formed Prediction Market Industry Association?

Posted on October 26, 2007 by Chris F. Masse

Niall O’Connor: From what I have seen to date, the prediction markets lobby merely represents an attempt by a coterie of interest groups to throw of what they see as being the stigma that is associated with the term betting … Continue reading →

Posted in Analysis (Industry), Analysis (Meta) | Tagged Jed Christiansen, judge, New Zealand, Niall O'Connor, Prediction Market Industry Association, prediction markets | Leave a comment

Are Prediction Markets Constitutional?

Posted on October 23, 2007 by Caveat Bettor

I think so*, although it could be a matter for states to decide, and not so much the federal government. In that scenario, my thought is that some liberal (in the classic sense) states will allow experimentation with prediction markets, … Continue reading →

Posted in All Guest Authors's Posts, Politics, Regulations | Tagged Alvin Roth, attorney, Benjamin Cardozo, Bork, chief justice, Chris Masse, circuit court judge, Columbia Circuit, federal government, Felix Frankfurter, Gary McDowell, Hugo Black, judge, law professor, Solicitor General, Supreme Court, Tom Bell, United States Court of Appeals, Warren Burger, Yale | Leave a comment

InTrade-TradeSports should have expired the Larry Craig event derivative today, on October 4, 2007, and not on September 5, 2007.

Posted on October 4, 2007 by Chris F. Masse

InTrade-TradeSports should have expired the Larry Craig event derivative today, on October 4, 2007, and not on September 5, 2007. That’s their main error. Last September, they expired this event derivative on the basis on Larry Craig stating his “intent … Continue reading →

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged judge, Larry Craig, media sources, Senate, United States, United States Senate, USD | Leave a comment

The sixth annual European i-Gaming Congress and Expo – at the Barcelona Diagonal Conference Centre

Posted on October 3, 2007 by Chris F. Masse

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 | Leave a comment

InTrade expired the Larry Craig prediction market too early.

Posted on September 5, 2007 by Chris F. Masse

Scroll down the whole story and judge by yourself, folks. — New York Times: â€œAs he stated on Saturday, Senator Craig intends to resign on Sept. 30,â€ Mr. [Dan Whiting, a spokesman for Mr. Craig] said in a statement. â€œHowever, … Continue reading →

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Politics | Tagged artist, Associated Press, Bill Sali, BOISE, business media outlets, C.L. ''Butch'' Otter, CEO, Chris Masse, Craig Announces Intent, Craig Announces, Craig's committee, Dan Whiting, Donald Rumsfeld, energy, governor, Idaho, immediate counsel, InTrade, Ireland, John Delaney, judge, Kirk Sullivan, Larry Craig, leader, lobbyist, media sources, Minneapolis airport, Minnesota, Minnesota Police, New York Times, non-sports prediction markets, prediction markets, public official, Reiki, Senate, Senate GOP, Senator, Shae, spokesman, spokesman for Mr. Craig, Suzanne, the New York Times, Tom Luna, United States, United States Senate, USD, Washington, William E. Borah, www.attorneykennugent.com/library/i.html, www.austin.cc.tx.us/sbramme2/Glossary.htm, www.eoni.com/~visionquest/library/glossary.html, www.iejs.com/glossary/Glossary_I.htm, www.learner.org/channel/workshops/artsineveryclassroom/p1popups/vocabulary.html, www.reikithehealingpath.com/reiki_glossary.htm, www.voyager.in/Larceny, www5.aaos.org/oko/vb/online_pubs/professional_liability/glossary.cfm | 5 Comments

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