eBay Halts Online Gambling Membership After Second Day of Heavy Bidding
Dec 12, 2005
Online sportsbook and casino, BET by INTERNET, announced that EBAY has decided to halt its $100,000 auction for a pre-paid membership to be used for online gambling.
(PRWEB) December 12, 2005 -- Online sportsbook and casino, BET by INTERNET, announced that eBay has decided to halt its $100,000 auction for a pre-paid membership to be used for online gambling. The auction which ran almost a full two days had seen its fair share of traffic from EBAY potential buyers. BETByINTERNET announced on popular sports betting forum that the reserve price was set at nearly 50% less the face value of $100,000, or somewhere around $49,000. "I am surpised it took nearly two full days for the EBAY legal team to catch and react to the auction and finally make the decision to stop the auction siting 'encouraging illegal actions' in an email addressed to our promotions department", said Lee Samuels, Director of Promotions. "Our guess is that the legal department was at a prolonged holiday party and slept the first few days of the auction", he added.
BETbyINTERNET plans to list a similar auction, but this time will make the catch of the promotion a pre-paid gambling trip to Las Vegas.
"Gambling is only legal in Vegas, we guess?", said Randal Zuniga, Vice-president of operations. "So my guess is that EBAY should not have a problem with this type of auction", Zuniga concluded.
BETbyINTERNET continues its $100,000 Challenge, played with $25. Visit www.BETbyINTERNET.com for more information on the 13 game parlay promotion.
BetbyInternet.com, an online entertainment company offering casino games, sportsbook gambling, sports wagering and betting is powered by WorldGaming PLC, a leading international e-gaming solutions provider that has been in business since 1997 and is publicly traded on the London Stock Exchange (AIM) and NASDAQ (OTC.BB).