Prediction markets have become America’s new national pastime | Dave Schilling

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Guardian Business

Prediction markets have become America’s new national pastime | Dave Schilling

My parents’ generation may have been on to something when they railed against gambling. If only George Santos had listened If only George Santos and Bill Simmons had my parents, they wouldn’t be facing down a hailstorm of condemnation for circumventing the basic rules and regulations of dubious “prediction markets” and online gambling. Kalshi just banned the former congressman George Santos from its service and he wa…