SP1 0.00% $1.07 southern cross payments ltd

Round 2 ISX vs ASX, page-503

  1. 261 Posts.
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    As previously mentioned, why do people feel the need to misrepresent?
    When we talk about online gaming, there are 3 very different businesses.
    1. Online Gaming (Gambling)
    Includes the likes of pointsbet, tattersals, etc.
    2. Online Gaming (Video Games, Legitimate Channels)
    This can be further split but is a spectrum between publishers such as Activision Blizzard, EA, Microsoft, etc to Retail Outlets such as MS Store, ebGames, JB Hifi, GOG and those somewhere in between such as Epic, Steam, etc.
    3. Online Gaming (Video Games, Unaffiliated third party channels)
    These are "businesses" that trade in-game items, in-game currency, power leveling service, etc. None are what you could consider legitimate businesses, as they rely solely on activities that violate the terms of service that the publishers of games set out (for example, buying and selling of world of warcraft gold via third party channels is strictly prohibited by the ToS set out by Blizzard and is grounds for account termination, but that is exactly what these "businesses" do). Many of these "businesses" are involved in credit card fraud and money laundering.

    Are you aware which of these categories ISX "online gaming" customers fall into?
    Hint - it has nothing to do with any of the companies you mentioned, which all fall into category 2.
 
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