Tag Archives: Exchange betting
- Betfair goes full Grinch, exits Canada
December 24, 2015
Canadian sports bettors may exchange gifts this Christmas, but they won’t be exchanging wagers much longer after Betfair announced its intention to quit the Canadian market. On Wednesday, Betfair’s Canadian customers reported receiving email notices that the betting exchange would “no longer be available to residents of Canada” as of...
- Betfair celebrates as New Jersey issues America’s first exchange wagering license
November 21, 2015
New Jersey has become the first US state to issue an exchange wagering license, ending a long and often frustrating journey for the US division of UK-listed betting exchange Betfair. On Wednesday, the New Jersey Racing Commission held its latest executive session, at which it formally approved an application by...
- Spain issues 10 new online licenses, authorizes slots and exchange betting
June 2, 2015
Spain has announced the lucky recipients of its latest round of online gambling licenses while officially authorizing online slots and exchange betting for the first time since the country’s regulated market launched in June 2012. The 10 new licensees are as follows: Ekasa Apuetas Online, Rfranco Digital, Merkur Interactive Malta,...
- World Bet Exchange closes, citing burdensome UK regulatory changes
March 17, 2015
Online exchange betting outfit World Bet Exchange (WBX) has shut down, but not before identifying its murderer as Colonel Cameron in the conservatory with the online point of consumption tax (POCT). WBX officially closed its doors on Monday (16) at 5pm GMT. While betting has been suspended, customers can continue...
- Exchanges behaving badly: Betfair’s illegal dividends, Ladbrokes misleading promo
August 3, 2014
UK-listed betting exchange Betfair is wearing some accounting egg on its face after admitting that the company paid out £60m in “illegal” dividends in recent years. The company also copped to having incorrectly purchased over 6.5m of its ordinary shares in 2012 despite the fact that it lacked sufficient reserves...
- Matchbook latest gambling site to exit Canada for vaguely defined reasons
July 23, 2014
Exchange betting operator Matchbook is withdrawing from Canada, the latest online gambling company to get the hell oot of this market for vaguely defined reasons. On Monday, Matchbook’s Canadian players reported receiving emails from Matchbook’s parent company TripleBet Limited stating its “regrettable” decision to withdraw from Canada effective July 23....
Law panel leans towards regulating gambling in India
March 20, 2017
Nevada legalizes Parimutuel Betting on eSports
October 17, 2017
BC gov’t accused of burying casino money laundering report
September 22, 2017