Chris Remington@beehaw.orgM to Technology@beehaw.org · 2 hours agoNew York sues prediction market Polymarket, calling it an unlicensed gambling operationapnews.comexternal-linkmessage-square4linkfedilinkarrow-up144arrow-down10
arrow-up144arrow-down1external-linkNew York sues prediction market Polymarket, calling it an unlicensed gambling operationapnews.comChris Remington@beehaw.orgM to Technology@beehaw.org · 2 hours agomessage-square4linkfedilink
minus-squaredanAlinkfedilinkarrow-up3·1 hour agoI thought Polymarket was still illegal in the USA, but it turns out they launched a new, US-specific version by acquiring an existing CTFC-licensed firm and focusing mostly on sports betting. Their main business is still illegal in the US.
minus-squarenous@programming.devlinkfedilinkEnglisharrow-up1·27 minutes agoI don’t think legality means anything in the US anymore. At least not for the rich.
I thought Polymarket was still illegal in the USA, but it turns out they launched a new, US-specific version by acquiring an existing CTFC-licensed firm and focusing mostly on sports betting. Their main business is still illegal in the US.
I don’t think legality means anything in the US anymore. At least not for the rich.