Tag Archives: pence

IG Group buys HedgeStreet for $6,000,000.

Just as predicted by our Deep Throat in early October 2007 —”They are packaging HedgeStreet for a closing/fire-sale.” RTT News. U.S.-based sed HedgeStreet, which has operated the HedgeStreet Exchange, has liabilities of approximately $1 million and operating costs of approximately … Continue reading

Posted in Business, Exchanges & Markets, Finance | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Should the BetFair Casino lower the minimum bet to one penny?

BetFair Forum: Betfair Casino – Reduced Stakes on Zero Lounge Games Betfair Customer Services      07 Nov 14:08 After feedback from customers we have reduced the minimum bet on Zero Lounge games from £5 to £1. We hope that even … Continue reading

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

US Online Gambling: Don’t bet on it.

One or two traders were caught out Friday, following a late afternoon surge in the share price of both Sportingbet and PartyGaming. Sportingbet shares were up 15.9% at 43 3/4p whilst PartyGaming climbed 9.5% to 26p. Two factors may have … Continue reading

Posted in All Guest Authors's Posts, Analysis (Industry), Regulations | Tagged , , , , , , , , , , , , , , | Leave a comment

After TradeSports-InTrade last year, BetFair raises its cost of service.

BetFair Forum: Betfair will be making adjustments to its prices that will come into effect on 29th May. Our headline commission rate of between 2% and 5% remains unchanged, and you will continue to be charged on net winnings. However, … Continue reading

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce, Market Transaction Costs | Tagged | 1 Comment

Forbes Smells Blood.

Forbes: In London, PartyGaming shares dropped 9.8 percent to 27.75 pence (54.9 U.S. cents). Leisure & Gaming shares fell 6.1 percent to 11.5 pence (22.7 cents). Sportingbet stock slumped 9.4 percent to 33.8 pence (66.8 cents). 888 Holdings stock fell … Continue reading

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

TradeSports-InTrade traders freak out.

From the TradeSports-InTrade forum, in January: Member Specific Bank Accounts As you may know your funds and those of all exchange member funds are held separate and segregated from the Company’s own capital. To provide additional transparency we have introduced … Continue reading

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged , , , , | Leave a comment