TradeSports

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Tradesports was an online trading exchange website whose members speculated on the future outcomes of sports events. Established as part of the reorganization of Intrade, John Delaney was appointed as CEO in 2002. Tradesports was located in Dublin, Ireland, by 2005 it reported 50,000 members and an average monthly volume of four million trades.[1]

Tradesports' precursor website, Intrade.com was founded in 1999 and acquired by Tradesports in 2003. Intrade is a prediction market for non-sports-related events.

On November 18, 2008, it was announced that TradeSports would cease operations and expire all open contracts at prices not equal to 0 or 100.

On January 9, 2013 it was announced by Intrade that the TradeSports brand would be revived, and the exchange reopened.[2] Although, on 10 March 2013 Intrade suspended all trading citing possible financial irregularities.

Notes[edit]

  1. ^ Grainne McLoughlin, "Betting on Success," Sunday Business Post, January 25, 2004.
  2. ^ [1]


See also[edit]