Lord Adair Turners Speech To Lendit Europe 2016

P2PLending is a peer-to-peer lending platform that has been specifically developed for the gambling industry. It allows gamblers to borrow money from other gamers, who are looking for a short-term risk-free return.

Advantages of P2P Lending in Gambling

There are a number of advantages of peer-to-peer lending in the gambling industry. The most obvious of these is that it creates a direct connection between gamblers and lenders. 

There is No Middleman

This means that there is no middleman and both sides have a much higher level of trust. Not only this but it also allows for increased transparency. We often hear negative stories about many businesses, but we don’t hear about the good ones as often. 

Peer-to-peer lending platforms like P2PLending provide complete transparency when it comes to lending money.

Provides Needed Liquidity

Another great advantage of peer-to-peer lending platforms is that they provide much-needed liquidity to the gambling industry. The gambling market is often very illiquid and prone to price volatility.