Tag Archives: legalization
Pushing for the legalization of the real-money prediction markets in America
Forbes:
Still, Robin Hanson, an economics professor at George Mason University who has studied prediction markets, hopes [that prediction markets] grow. “Stock markets, insurance markets, commodity markets–they used to be prohibited by gambling laws but were thought to be useful and given an exception,” says [Robin] Hanson. “We want to carve out a new set of [...]
In the for-profit vs not-for-profit debate, our prediction market luminaries, doctored by Bob, are on the wrong side of the issue.
In the American Enterprise Institute’s proposals to legalize the real-money prediction markets in the United States of America, they advise the CFTC not to allow for-profit prediction market companies (like InTrade, TradeSports and BetFair) to operate socially valuable prediction markets —in a legal way, in the US.
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It’s a shame that our prediction market luminaries signed [...]
Our prediction market luminaries signed Bob’s petition —and the losers are InTrade, TradeSports and BetFair.
I have re-read the American Enterprise Institute’s proposals to legalize real-money prediction markets in the United States of America.
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AEI advise the CFTC not to allow for-profit companies (like InTrade, TradeSports and BetFair) to operate socially valuable prediction markets —in a legal way, in the US.
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It’s a shame that our prediction market luminaries signed that piece [...]
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