Tag Archives: peer-to-peer

UK-based financial trader JC Kommer is bullish on HedgeStreet/IG Group.

JC Kommer: [...] It took y-e-a-r-s for HedgeStreet to get approved as an exchange. IG will be off and running in a few weeks. IG Group is a great company, when they get moving, even you will start to get … Continue reading

Posted in Analysis (Industry), Exchanges & Markets | Tagged , , , , , , , , | Leave a comment

A methodology flaw in the last UK Gambling Commission’s survey report makes it useless for analysts and policy makers.

I have scanned and examined the UK Gambling Commission’s survey report on gambling and betting (PDF file), titled British Gambling Prevalence Survey 2007, and I have found out that there is a big problem in their list of gambling and … Continue reading

Posted in Analysis (Data), Analysis (Industry), Betting, Exchanges & Markets, Explainers, Gambling | Tagged , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , | 5 Comments

BETCHA.com: Where is law professor Tom Bell when we need him?

Here’s Tom Bell’s website. ABOUT BETCHA: I wish Nick Jenkins the very best. BetBug (which billed itself as the “Kazaa of betting”, and thus thought that it was above the law): Dear BetBug User, It is with deep regret that … Continue reading

Posted in Regulations | Tagged , , , , , , , , , , , | Leave a comment

Betting Exchange BetBug Exits The US Market.

Via Niall O’Connor of BettingMarket.com, BetBug frontpage: Dear BetBug User, It is with deep regret that BetBug has voluntarily chosen to stop publishing its peer-to-peer software and will stop populating the software’s wagering menu with events. The effect will be … Continue reading

Posted in Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , | Leave a comment

Criminal prosecutions related to online gambling will be pursued even in cases where assets and defendants are positioned outside of the United States.

— John David Lefebvre, Neteller co-founder, was arrested and charged with transferring billions from U.S. citizens to overseas gambling companies. Photo Credit: Artist’s Rendering By Shepard Via Bloomberg News Photo — Wash Post: Neteller, which had provided payment services to … Continue reading

Posted in Analysis (Industry), Regulations | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Icons. Geniuses. Mavericks. – REDUX

Last time, I told you about TED 2007 and I noticed Nathan Myhrvold (former MicroSoft CTO –he founded MicroSoft Research) in the speaker list. That prompted me to visit his site, Intellectual Ventures, home of his “invention company”: Intellectual Ventures … Continue reading

Posted in Analysis (Meta), Inventions & Innovations | Tagged , , , , , , , , , , , , , , , | 1 Comment

MatchBook’s user-created prediction markets – 6 years after Flutter. – Inkling not the only one.

Here’s from MatchBook (a real-money prediction exchange, a.k.a. betting exchange, which has volumes on American Football, betting market expert Niall O’Connor tells me): X Bets X Bets are events that customers request for betting among themselves. They can only be … Continue reading

Posted in Exchanges & Markets | Tagged , , , , , , , | Leave a comment