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Non-Tech : Betting Exchanges

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To: LookingLong who wrote (3)	2/5/2005 10:50:31 AM
From: B. E. Barry	Read Replies (1) of 6

LookingLong, I agree, market could still be huge. It was the report out of London, that I mentioned, that got me looking into this industry. It claimed the market in Europe alone would go from $15 billion in 2004 to $159 billion in 2008. I figure if the growth left in Europe is that big - what about Asia, etc. "FUN" and "UBTA" are the only two pure plays in the betting exchange business that I could find so far, so I picked up a little of each. Sorta made myself a mini betting exchange mutual fund. I'm trying to pick up some more UBTA below a dime, but the dam market makers wont show my bid. Keep us posted if you find any other publicly traded exchanges.

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