posted in Technology
States can regulate prediction markets as gambling, federal appeals court rules
lite.cnn.com/2026/08/28/business/states-prediction-markets-gambling-federal-appeals-courtposted in Technology
States can regulate prediction markets as gambling, federal appeals court rules
lite.cnn.com/2026/08/28/business/states-prediction-markets-gambling-federal-appeals-courtReplying to @yonderbarn@lazysoci.al
Can we just put gambling back in Las Vegas please? No scratch tickets, mega retread, mass losers, etc? ALL GAMBLING.
You wanna gamble gtfo of here please
Replying to @TIEPilot@lemmy.world
i hear the gambling industry as a whole is actually kind of struggling (outside of sports), as the stock market is more accessible than ever and that’s the biggest casino around really
Replying to @IronBird@lemmy.world
It’s also the only casino where the odds aren’t necessarily stacked against you.
In every other form of gambling, it’s a statistical certainty that you’ll eventually lose money doing it. But in stock gambling, it’s possible to come out ahead in the long run.