eBay lowers the boom on gambling auction
12.12.2005Online sportsbook and casino, BetbyInternet was this week backpeddling following action by eBay to halt its heavily publicised $100,000 auction for a pre-paid membership to be used for online gambling. eBay stated that the auction constituted, "....encouraging illegal actions".
The lot had a reserve price of $49,000, less than 50 percent of the face value of $100,000.
Undeterred, Bet By Internet is now looking for a way around the legal obstacle, with its VP of Operations, Randal Zuniga saying that the company plans to list a similar auction, however this time the promotion will be a pre-paid gambling trip to Las Vegas.
"Gambling is legal only in Vegas," Zuniga opined. "So my guess is that eBay should not have a problem with this type of auction."
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