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Surging prediction markets face legal backlash in US: ‘Lines have been blurred’

⁨46⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨supersquirrel@sopuli.xyz⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.theguardian.com/business/2026/feb/17/us-prediction-markets-lawsuits-kalshi-polymarket

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Comments

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  • tomcatt360@lemmy.zip ⁨1⁩ ⁨day⁩ ago

    In my mind, if it’s a market, you should be able to buy commodities there. Prediction “markets” are not true markets.

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  • arctanthrope@lemmy.world ⁨1⁩ ⁨day⁩ ago

    “the lines between gambling and investing have been blurred”

    🌎🧑‍🚀🔫🧑‍🚀

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  • etherphon@piefed.world ⁨1⁩ ⁨day⁩ ago

    Prediction markets = gambling, there is zero question about it. You can call it whatever you want.

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