this post was submitted on 29 Aug 2026
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258
States can regulate prediction markets [gambling] as gambling, federal appeals court rules (edition.cnn.com)
submitted 1 day ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
12 comments fedilink hide all child comments
 

A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.

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[–] LincolnsDogFido@lemmy.zip 40 points 1 day ago (2 children)

Now let's see which do

[–] shweddy@lemmy.world 16 points 1 day ago

Only the ones that aren't in bed with the feds

[–] Truscape@lemmy.blahaj.zone 0 points 13 hours ago

I'm gonna take a wild guess and assume everything below the Mason-Dixon line will not bother enforcing squat.