Tag Archives: DOJ

Legality of real-money prediction markets in America — [LINKS]

#1. CFTC’s Bart Chilton says ‘no’. – #2. DOJ says ‘yes’, other than for sports and horse racing.

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The Feds raided Gibson Guitar over the legality of Indian wood. — [VIDEO]

Gibson Guitar Corp.

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Positives for prediction markets

Satyajit Das, in his 2006 book: Dealers on exchanges charge clients a fixed commission to trade; the cartel of dealers means that clients have no choice other than to deal through them. The dealers are fierce advocates of competition except … Continue reading

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