 | |
| Company type | Public |
|---|---|
| Industry | Online gambling |
| Founded | 2002 |
| Defunct | 2015 |
| Headquarters | Notting Hill Gate, London, United Kingdom |
Key people | Malcolm Gray (CEO) |
| Products | Bet Exchange, Mobile Gambling |
| Website | wbx.com |
World Bet Exchange (WBX) was a person-to-person betting exchange based in Notting Hill Gate, London in the United Kingdom, and licensed and regulated by the UK Gambling Commission. WBX.com was founded in 2002 by Malcolm Gray but did not officially launch until November, 25th, 2006. In an interview prior to launch, Gray was quoted as saying: "In an industry where the current market leader has a virtual monopoly, we believe the arrival of WBX will put every exchange player back in control. We will continually seek to offer a vibrant, exciting and innovative alternative to Betfair, and we hope this will promote healthy rivalry."[1] On 16 March 2015 the company announced that it was shutting, effective 5pm the same day.[2]
- ^ New Exchange WBX is finally ready to launch, racingpost.com, 25 October 2006, accessed 24 April 2009.
- ^ Betting Exchange WBX closes, Betfair romps on, theregister.co.uk, 17 March 2015, accessed 15 March 2015.