World Bet Exchange (WBX) is a person-to-person betting exchange based out of Covent Garden, London in the United Kingdom and licensed and regulated by the UK Gambling Commission. Founded in 2002 by Malcolm Gray, WBX. com was officially launched on 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.
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