Tradesports separating current events/politics from sports betting
For those that understand these things better than I, can you explain if there was a specific motivation for Tradesports to separate its current events/politics wagering from its sports betting? All of the sports action remains on Tradesports, but the current events action is now on intrade.com.
From the standpoint of UIGEA compliance, I would have to think intrade's new exclusively current events/politics lineup is legal (though I'd want to go back and look at the definition of illegal gambling again and how the "subject to chance" clause works in there, since even politics outcomes are "subject to chance."). Can anyone with better knowledge of why this split happened and how it will impact the ability of U.S. users in the future comment? Many thanks!
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