The Verge: Google says Polymarket bets showing up in News was an ‘error’. “Polymarket bets started popping up in Google News alongside legitimate news articles. But now those results aren’t showing, and Google says they were never supposed to.” 😐

"A Harvard researcher who studies gambling regulation said it takes five to seven years after legalization for a country to become “painfully aware of all the misery that increased access wreaks on public health, public finances, and so on.”

We’re at year seven, so, I suppose we’re right on time."

- from Hanna Horvath

https://yourbrainonmoney.substack.com/p/gambling-is-ruining-your-life-even

#OnlineBetting #Gambling #SportsBetting #SCOTUS #Capitalism

Futurism: Google News Now Prominently Featuring Polymarket Bets. “Google News has started showing Polymarket bets alongside actual news articles, often appearing as large blocks that contain links to numerous gambling opportunities on the service.” UGH.

Associated Press: Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers. “Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred.”

The Guardian: Bets on US-Iran ceasefire show signs of insider knowledge, say experts. “Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts. Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to […]

Axios: Exclusive: Kalshi to preemptively block athletes and politicians from trading on their markets. “Prediction market Kalshi plans to block athletes, coaches and officials from betting on their sports and to block political candidates from trading on their campaigns, Axios has learned.”

Predictive Markets Are A National Security Threat

#News #TechNews #PredictiveMarkets #OnlineBetting #NationalSecurity #Polymarket #Kalshi

https://youtu.be/KopREDUO_uQ

Daily podcast: Predictive Markets Are A National Security Threat

#News #TechNews #PredictiveMarkets #OnlineBetting #NationalSecurity #Polymarket #Kalshi #podcast

https://soundcloud.com/nickaesp/pmp

Gizmodo: Kalshi Bans MrBeast Video Editor and Political Candidate Over Insider Trading. “Kalshi has temporarily banned two people from betting on its platform, a video editor for MrBeast and a former gubernatorial candidate in California, over allegations of insider trading, according to a new blog post from the company. The two men have been issued fines, and their cases are being referred to […]