A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
Wow. I was just joking, I didn’t expect that to be a real thing.
I don’t like prediction markets, but I guess one good thing would be that it motivates investment into weather prediction models. Something we will need to improve even further, because of climate change.