WBX takes a run at Betfair’s clients

Betting exchange leader Betfair’s recent restructuring of its commission scale may have created a competitive opportunity for new rival WBX…and the company has not been slow to take advantage of the situation. This week WBX offered all Betfair customers their pre-restructured Betfair commission rates in a cheeky move to poach punters.

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Tue, May 29th, 2007

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Casino gambling facts:

  • Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.
  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.
  • Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.