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submitted 5 hours ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world

8 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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[–] Assassassin@lemmy.dbzer0.com 41 points 4 hours ago (3 children)

THIS JUST IN: GAMBLING IS GAMBLING

Stay tuned for more after the weather, brought to you by Kalshi.

[–] bedwyr@piefed.ca 1 points 3 hours ago (1 children)

Many religious extremists feel that insurance is a form of gambling. Ned Flanders for instance.

[–] Mongostein@lemmy.ca 2 points 22 minutes ago

You’re definitely gambling on whether or not the company will help you if something happens

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