States can regulate prediction markets [gambling] as gambling, federal appeals court rules
-
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
States can regulate prediction markets as gambling, federal appeals court rules | CNN Business
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
CNN (edition.cnn.com)
-
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
States can regulate prediction markets as gambling, federal appeals court rules | CNN Business
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
CNN (edition.cnn.com)
Isn't this basically one of the only growth industries left?
-
Isn't this basically one of the only growth industries left?
Who does gambling benefit?
-
Who does gambling benefit?
No one. It is parasitic.
Although prediction markets might help get an honest read on what people that bet think will happen, seeing as they outlawed the non profit predictit around 2021 or so, run by universities while giving the franchise to for profit companies, means these companies maximizing revenue will pollute the predictions resulting from seeing how people vote with their money, (a more honest measure than their words.)
-
Who does gambling benefit?
The ultra wealthy
-
The ultra wealthy
Yep, being a “growth industry” feels really unhealthy for the country
-
Who does gambling benefit?
Investors.
-
Yep, being a “growth industry” feels really unhealthy for the country
It's a fact. The US economy is only "not in a recession" because of a few industries propping it up.
They're all fake and parasitic, of course, but once they go things could unravel very quickly.
-
Isn't this basically one of the only growth industries left?
For insider trading maybe
-
It's a fact. The US economy is only "not in a recession" because of a few industries propping it up.
They're all fake and parasitic, of course, but once they go things could unravel very quickly.
I appreciate that, but I hate the fact! Thank you for sharing
Ciao! Sembra che tu sia interessato a questa conversazione, ma non hai ancora un account.
Stanco di dover scorrere gli stessi post a ogni visita? Quando registri un account, tornerai sempre esattamente dove eri rimasto e potrai scegliere di essere avvisato delle nuove risposte (tramite email o notifica push). Potrai anche salvare segnalibri e votare i post per mostrare il tuo apprezzamento agli altri membri della comunità.
Con il tuo contributo, questo post potrebbe essere ancora migliore 💗
Registrati Accedi
Citiverse è un progetto che si basa su NodeBB ed è federato! | Categorie federate | Chat | 📱 Installa web app o APK | 🧡 Donazioni | Privacy Policy