this post was submitted on 29 Aug 2026

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States can regulate prediction markets [gambling] as gambling, federal appeals court rules (edition.cnn.com)

submitted 2 months ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world

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A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.

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[–] Mongostein@lemmy.ca 11 points 2 months ago

You’re definitely gambling on whether or not the company will help you if something happens

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