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Former CFTC chair Giancarlo calls prediction markets a social good
The Polymarket adviser says betting crowds can yield useful data, though research suggests a small minority supplies much of the accuracy.
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Kalshi gave $63,000 in Hawaiʻi as prediction-market ban stalled
The exchange backed the state Democratic Party and 22 Democratic candidates, including House members who supported restrictions on its contracts.
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LDS leader condemns gambling and prediction markets as ‘morally wrong’
D. Todd Christofferson told General Conference that always-available mobile betting fosters greed, debt and compulsive behaviour, particularly among young people.