Sports exchange Tradesports to return to US market
Sports betting exchange Tradesports will return to the US market on 8 December, starting with a free-to-play beta launch before a planned real-money launch in 2020.
The operator – founded by former commodities trader Ron Bernstein – was first launched in 2003, initially based out of Ireland, but closed in 2008.
In April 2014, Tradesports relaunched as a fantasy exchange product, which was legal in the US under the Unlawful Internet Gambling Act of 2006. However, it closed again in November 2015.
On the relaunched exchange, players will be able to trade shares based on the likelihood of certain outcomes occurring.