Mastodawn

A vast casino
Casino capitalism taken further: speculative gambling on war and oil

* “The Western financial system is rapidly coming to resemble nothing as much as a vast casino.” >>
Strange, Susan. [1986] 1997. Casino Capitalism. Manchester, U.K.: Manchester University Press.
https://www.manchesterhive.com/display/9781784997212/9781784997212.xml

* "The proliferation of online betting markets like Polymarket and Kalshi has allowed bets on virtually any news event, including the Iran war."

“But many of them bear the hallmarks of suspicious trades that would naturally warrant investigation.”

“It’s a wild west phase, when we’re talking about the prediction market industry, and now it’s spilled over into the stock market as well,." >>
https://www.theguardian.com/world/2026/apr/18/iran-war-bets-ethics-concerns

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