Of course, there are prediction market scholars and entrepreneurs in Japan, Taiwan, Hong Kong, and India.

But was NewFutures the first Western prediction market company to export its services to Asia? In 2004, NewsFutures got their first Asian client, Dentsu (a large Japanese advertising firm).

Anybody knows of another Western prediction market service provider that has a presence in Asia?

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UPDATE: Inkling Markets did a year long project with a group in the Government of Singapore starting in August ‘06 to forecast technology and social trends, along with notable government activity such as predicting the grants of large contracts, etc.