Commerce

Online Betting Site InTrade Shuts Down

Published on March 10, 2013
by Mike Isaac

InTrade, the Ireland-based website that allows users to place wagers on non-sports-related upcoming events, announced on Sunday that it is shutting its site down. In an official statement, the company does not go into great detail as to why it is closing its doors, only that it is related to “financial irregularities which, in accordance with Irish law,” require InTrade to cease operations until resolved. “At this time and until further notice, it is not possible to make any payments to members in accordance with their settled account balance until the investigations have concluded,” the company said.

Return to: Online Betting Site InTrade Shuts Down

URL: http://allthingsd.com/20130310/online-betting-site-intrade-shuts-down/