posted in Technology
States can regulate prediction markets [gambling] as gambling, federal appeals court rules
edition.cnn.com/2026/08/28/business/states-prediction-markets-gambling-federal-appeals-courtA federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
Replying to @technocrit@lemmy.dbzer0.com
THIS JUST IN: GAMBLING IS GAMBLING
Stay tuned for more after the weather, brought to you by Kalshi.
Many religious extremists feel that insurance is a form of gambling. Ned Flanders for instance.
Replying to @bedwyr@piefed.ca
You’re definitely gambling on whether or not the company will help you if something happens