Quote from: nrd525 on November 17, 2020, 10:49:19 PM

Quote from: danshan11 on November 17, 2020, 04:46:05 AM

Quote from: nrd525 on November 17, 2020, 04:11:13 AM

Oops I mean legalize and regulate. You are totally right in that deregulation is very unlikely. For starters, there is the historical money laundering problem so AML/KYC is pretty important.

https://www.nytimes.com/2018/05/14/us/politics/supreme-court-sports-betting-new-jersey.html

AML KYC are really important for the government or books with no common sense

if you cant tell someone is using your service to steal lie or cheat you probably need to get out of ANY business

It has nothing to do with stealing or lying (at least from the casino's point of view), and everything to do with money laundering to avoid taxes or to turn illegal funds into more legitimate looking ones.

...

In other news, did Fairlay decide to only settle some of their presidential markets because they wanted to limit their risk on the off chance (I'd say 0.1%) that Biden does not win?

Anyways this is fairly strange. I wish they had a Twitter account or used the blog to post about decisions like this.
It looks like Fairlay ignores this discussion thread for the most part too.

https://twitter.com/FairlayPM

I think tons of people get fairlay confused, fairlay is not a sportsbook, fairlay is a peer to peer exchange