3 ms·
Prediction markets are already legal in the USA. https://iemweb.biz.uiowa.edu/ https://iemweb.biz.uiowa.edu/ https://www.predictit.org/ https://www.predictit.o
by basementcat 8y ago
Prediction markets are already legal in the USA.
https://iemweb.biz.uiowa.edu/ https://iemweb.biz.uiowa.edu/
https://www.predictit.org/ https://www.predictit.org/
- Sniffnoy 8y agoThat's not exactly accurate. The government has gone after and shut down prediction markets before. They made an agreement with PredictIt not to, but PredictIt's $850 limit was apparently a big factor in that. I hadn't heard of IEM before. Not sure what's up with that.
- sigstoat 8y agoIEM has received multiple no-action letters, and also has limits. So basically the same situation as PredictIt.