Airline Threatens To Sue Betting Site For Taking Bets On When It Would Go Out Of Business

from the what's-illegal-about-that? dept

Apparently, a Scottish airline, Flyglobespan, has threatened to sue an online betting site because it was taking bets on what airline would be the next to go out of business, and had odds on Flyglobespan. The site did stop taking bets, but says it was due to a lack of interest, rather than the threat of a lawsuit. However, it's not clear what law it would be breaking to offer such a bet. You can understand that the company is concerned that potential passengers might think the airline is at risk, but it's not clear that's enough to stop any such bets.

Filed Under: airlines, bets, failure, scotland
Companies: flyglobespan


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  1. identicon
    Anonymous Coward, 7 Oct 2008 @ 9:40am

    Its no worse than wallstreet betting on oil and other stocks. Its called the futures market. Granted I think that the futures market needs to be taken down so that the prices can no longer be artificially inflated... but hey what do I know. I'm just a socially awkward nerd.

    As far as airlines going down, I think they all need to hit the reboot button and start over. All this crap about charging for everything is something that prevents me from flying. no offense, but we already pay for fuel costs on our cars. The price for tickets should not reflect their hardships. We aren't charging airlines for our gas are we?

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