Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: The Sporting Exchange US

GREAT NEWS: Stephen Burn is now the big boss at BetFair USA [*], and Gerard Cunningham is out. – [VIDEO]

BetFair won’t release any public press release on all this, but they told me what’s on this site is accurate: Stephen Burn (previously director of horse racing) is taking over BetFair US leadership, including TVG.
We have decided that the strategy for the U.S. is to enhance our horse racing offerings and to support our global [...]

No real-money prediction markets in the US till 2010 or 2011 —at best.

Start-Ups Hedging Their Bets On Online-Gambling Legislation.
Wall Street Journal:
Gerard Cunningham, president of BetFair US, the world’s largest legal online gaming company, isn’t confident that the bills will get their proper hearing in Congress soon.
“The challenges those bills face is the amount of things going on in Washington,” Cunningham said. “They have other concerns now… maybe [...]

SCOOP: BetFair Predicts is made thru FlatSourcing.

BetFair Predicts @ FlatSourcing
Thanks to Deep Throat for the tip, and for the background on The Sporting Exchange US (TSE US) —their new subsidiary in California (run from London, England?).
BetFair Predicts seems to be a mediocre product, at this time.

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