Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Lee Rousso

Betcha’s Continuing Legal Struggles, Updated

The Seattle Post-Intelligencer provides an update on Betcha.com’s legal problems in the states of Washington and Louisiana:
A local betting Web site entrepreneur faces possible extradition to Louisiana after authorities there charged the Seattle man with running an illegal gambling operation.
Nick Jenkins said he is awaiting Gov. Chris Gregoire’s decision on whether or not to sign [...]

REPORTS OF THE BETCHA.COM DEMISE HAVE BEEN GREATLY EXAGGERATED.

[This blog post is cross-posted from Nicholas Jenkins' blog post at Betcha.com.]

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats [...]

Betcha.com: On Steamroller Justice and Reports of our Demise

Yesterday, the Seattle Post-Intelligencer ran a story entitled “Betting web site’s computers seized.” Within hours, bloggers and other news outlets picked up the story and translated it into something akin to “Betcha shut down.”
Problem: the translation isn’t true. (WARNING: if tails of government bureaucrats running roughshod over its citizens turns your stomach, stop reading [...]

IT DIDN’T TAKE LONG. NICK JENKINS’ BETCHA.COM GETS BUSTED THREE WEEKS AFTER LAUNCH.

Via the vigilant Daniel Horowitz, Seattle Pi:
Washington State Gambling Commission investigators seized computers from a new Seattle-based Internet-betting site Monday, claiming the business violated the state’s 2006 online gambling ban — a contention the site’s founder strongly disputes. [...] “This is ridiculous,” Jenkins said. “I’m going to fight it. I don’t like the heavy-handed state [...]

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