Over the last few years there has been a proliferation of websites offering online penny auctions which are managed by foreign companies trying to gain access to the Italian market. This leads to significant problems with regards to consumer protection in case of usage of messages that can be deemed misleading. How do online penny auctions work? Penny auctions are gambling? | Reviewed-Casinos.com “Having considered the way these auctions are conducted it is now clear that this is similar to gambling and can be regulated under gambling regulations,” the DTI told MyBroadband. In a contentious ruling that is being appealed, online gambling was ruled illegal by the Northern Gauteng High Court last year. Penny auction site | The IT Law Wiki | FANDOM powered by Wikia Overview A penny auction site is a new type of online auction website where instead of just paying the winning bid for an item, each bidder also pays a fee to make a bid. Is this gambling? The applicable standard for determining whether a “game of chance” is indeed a “lottery,” and therefore... Laws on Nonprofit Silent Auctions | LegalZoom Legal Info
Penny Auction Scam: How it Works | Penny Auction Gambling…
Apr 25, 2013 · Because penny auctions have no process for entering to win an auction without paying for the chance it is gambling. The Penny Auction Scam: QuiBids Response Not surprisingly, one popular penny auction website, QuiBids, does not consider it’s business model to be gambling. Penny Auctions: They're Gambling - Coding Horror May 25, 2009 · Penny Auctions: They're Gambling. Because Swoopo is, at its heart, thinly veiled gambling. The companies backing Swoopo and other Penny Auction sites are hoping unsophisticated regulatory agencies will buy the "It's not a game of chance" argument if it's wrapped in a lot of technical intarweb mumbo-jumbo they can't fully comprehend. But we're... Penny auctions are gambling? | Reviewed-Casinos.com
Over the last few years there has been a proliferation of websites offering online penny auctions which are managed by foreign companies trying to gain access to the Italian market. This leads to significant problems with regards to consumer protection in case of usage of messages that can be deemed misleading. How do online penny auctions work?
Penny Auctions: They're Gambling - Coding Horror May 25, 2009 · Penny Auctions: They're Gambling. Because Swoopo is, at its heart, thinly veiled gambling. The companies backing Swoopo and other Penny Auction sites are hoping unsophisticated regulatory agencies will buy the "It's not a game of chance" argument if it's wrapped in a lot of technical intarweb mumbo-jumbo they can't fully comprehend. But we're...
Over the last few years there has been a proliferation of websites offering online penny auctions which are managed by foreign companies trying to gain access to the Italian market. This leads to significant problems with regards to consumer protection in case of usage of messages that can be deemed misleading. How do online penny auctions work?
Can You Trust Penny Auction Sites? ... consumers looking for a bargain will find that penny auctions are not all they’re cracked up to be. ... these sites could be considered illegal gambling or ... QuiBids is not your average penny auctions site! - QuiBids.com The history of QuiBids and penny auctions is tangled and messy, but the company looks forward to building off the old penny auction model it started with in 2009 and grow into a larger, more comprehensive e-commerce site where customers can choose between bidding on products and purchasing them outright. Fundraiser Raffle vs Silent Auction
Penny Auctions - How to sell a $180 tablet for $7,264
Today, online gaming can take many forms, such as poker, casino, bingo, sports betting, and video games. Recently, attempts have been made to characterize the activity known as ‘‘online penny auctions’’ or ‘‘entertainment shopping’’ as a …
Penny auctions are gambling? | Reviewed-Casinos.com “Having considered the way these auctions are conducted it is now clear that this is similar to gambling and can be regulated under gambling regulations,” the DTI told MyBroadband. In a contentious ruling that is being appealed, online gambling was ruled illegal by the Northern Gauteng High Court last year. Is buying at auction considered gambling? | Mike Brandly