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 a sense of what kind of bozos the HedgeStreet/TradeSports of this world are. They will be [...]
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 betting activities. The problem is that survey respondents, who have been using a ’spread-betting [...]
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 to withdraw their bets . . . . Therefore, they are not ‘risking’ anything. [...]
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 BetBug has voluntarily chosen to stop publishing its peer-to-peer software and will stop populating the software’s wagering menu with [...]
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 that users will no longer be able to use the software to find others with whom they [...]
Criminal prosecutions related to online gambling will be pursued even in cases where assets and defendants are positioned outside of the United States.
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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
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Wash Post:
Neteller, which had provided payment services to more than 80 percent of worldwide gaming merchants, watched its business swell after PayPal and parent company eBay agreed to [...]
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 graded based on results reported by the person who requested the market.
Create A Market
Create Your Own Betting [...]
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