Tag Archives: legality

Nobel laureate Gary Becker and judge Richard Posner both wish that, one day, real-money prediction markets will be legal, without restrictions, in the United States of America.

Posted on September 16, 2008 by Chris F. Masse

Via David Pennock of Odd Head fame – Gary Becker: [...] I believe that online political prediction markets, and other online prediction markets as well, should be legal in the United States and elsewhere, even if the amounts bet were … Continue reading →

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It seems like someone at CNBC decided at some point that they would NEVER address the legality issue.

Posted on August 26, 2008 by Guest Author

Signed: Deep Throat. APPENDIX: CNBC video + CNBC video #2 UPDATE: YouTube video (the last part was censored by InTrade-TradeSports CEO John Delaney – PRECISION: the discussion between the journalists and the guest on the TV set was suppressed) UPDATE: … Continue reading →

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NOTE: Wagering on political or other events is illegal in some jurisdictions.

Posted on December 30, 2007 by Chris F. Masse

Oh, really??? What on Earth could be those “jurisdictions” where real-money prediction markets are forbidden??? Could… Could it… Could it be… THE UNITED STATES OF AMERICA —where the Wall Street Journal is headquartered????

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