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ANKARA: Betting On Armenian 'Genocide'

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  • ANKARA: Betting On Armenian 'Genocide'

    BETTING ON ARMENIAN 'GENOCIDE'

    Sabah
    March 23 2009
    Turkey

    Armenian wager-booking companies are already beginning to take bets
    on whether US President Obama will call the 1915 incident a 'genocide'
    on April 24th, the annual day of remembrance.

    Betting companies in Armenia are beginning to accept wagers on
    whether US President Barack Obama will mention the term 'genocide'
    on April 24th, the annual day of remembrance. Up until now, wagers are
    appearing to lean towards the option that he will indeed not mention
    the term 'genocide.' Wages that he will mention the term 'genocide',
    which was of course an issue he supported during his campaign, are at
    1.30, while betting rates against his mentioning the issue are at 3.2,
    showing that wagers believe he is more likely to refrain from making
    such a stand on April 24th.

    LOW PROBABILITY OF GENOCIDE REFERENCE It appears the recent display by
    the Obama administration of significance placed on mutual relations
    with Turkey, may result in US President Barack Obama backing down
    from calling the incidents that took place in 1915 'genocide,' which
    was a promise he had made during his campaign. An article in the
    Los Angeles Times, published in California, which has a significant
    Armenian population, wrote on March 17th that the Obama administration
    is apprehensive about using the term genocide on April 24th, the date
    of remembrance in which many Armenians anticipate Obama may make
    an announcement. The article addressed the fact that Washington is
    seeking support from Turkey on a number of regional issues. According
    to the article, the Obama administration is leaning towards repairing
    relations between Turkey and Armenia.
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