Penny Auction Law
The Intersection of Purchasing and Gaming By: Lawrence G. Walters Walters Law Group www.PennyAuctionLaw.com Click here to download a PDF Version of this article. A new iPad for $2.45? A $50.00 Visa gift card for $3.67? Who wouldn’t want to take advantage of deals like that? Is it really possible to provide customers with the…
-Virtual Currency Takes Online Gaming by Storm By: Lawrence G. Walters, Esq. The virtual currency Bitcoin has been making headlines since its inception in 2009. Billed as a secure, non-regulated, decentralized currency1 with the added benefit of user anonymity2, Bitcoin has grown dramatically in the past several years, with more businesses accepting the form of payment (and more…
The Phenomena Penny auctions, sometimes referred to as “entertainment shopping” or “bidding fee auctions,” are a relatively new addition to the online auction sphere, and have the potential to take the igaming industry by storm. This business model mixes the fun of shopping with the excitement of winning prizes, in a way that arguably skirts…