Maeve Halligan: When it comes to prediction markets, Britain keeps the credit and America keeps the cash

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Maeve Halligan: When it comes to prediction markets, Britain keeps the credit and America keeps the cash

Part of the reason Britain is missing out is that the Government treats online betting and gaming as a cash cow to be milked rather than an industry to be nurtured. Making it dearer and harder to bet legally does not magically eliminate demand. It simply redirects it to the black market and across the Atlantic. The post Maeve Halligan: When it comes to prediction markets, Britain keeps the credit and America keeps th…