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- Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]
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Tag Archives: N.Y.C.-based district attorney
Do Gambling Laws Threaten Prediction Markets?
Because prediction market traders generally rely more on skill than on chance to win, I’ve argued that they do not qualify in “gambling” as defined by U.S. law. I’ve also admitted, however, that over-ambitious prosecutors might see the matter differently. … Continue reading