Beehaw
  • Communities
  • Create Post
  • search
    Search
  • Login
  • Sign Up
Chris Remington ( remington@beehaw.org ) MA to Technology · 2 hours ago

New York sues prediction market Polymarket, calling it an unlicensed gambling operation

apnews.com

external-link
message-square
4
link
fedilink
39
external-link

New York sues prediction market Polymarket, calling it an unlicensed gambling operation

apnews.com

Chris Remington ( remington@beehaw.org ) MA to Technology · 2 hours ago
message-square
4
link
fedilink
Just a moment...
apnews.com
external-link
alert-triangle
You must log in or # to comment.
  • Catoblepas ( Catoblepas@lemmy.blahaj.zone ) 
    link
    fedilink
    arrow-up
    9
    ·
    1 hour ago

    Yeah, it absolutely is. Hopefully they knock it out of the park.

  • James R Kirk ( Kirk@startrek.website ) 
    link
    fedilink
    English
    arrow-up
    7
    ·
    1 hour ago

    My pet peeve is when legit news orgs call them “Prediction markets” because they are literally just gambling apps.

  • dan ( dan@upvote.au ) 
    link
    fedilink
    arrow-up
    3
    ·
    1 hour ago

    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.

    • nous ( nous@programming.dev ) 
      link
      fedilink
      English
      arrow-up
      1
      ·
      7 minutes ago

      I don’t think legality means anything in the US anymore. At least not for the rich.

Technology

technology

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

  • Free and Open Source Software
  • Programming
  • Operating Systems

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 604 users / day
  • 1.11K users / week
  • 2.11K users / month
  • 5.31K users / 6 months
  • 5.11K local subscribers
  • 43.6K subscribers
  • 6.38K Posts
  • 107K Comments
  • Modlog
  • mods:
  • Chris Remington ( remington@beehaw.org ) 
  • alyaza [they/she] ( alyaza@beehaw.org ) 
  • TheRtRevKaiser ( TheRtRevKaiser@beehaw.org ) 
  • gyrfalcon ( gyrfalcon@beehaw.org ) 
  • rs5th ( rs5th@beehaw.org ) 
  • coldredlight ( coldredlight@beehaw.org ) 
  • Leigh ( SemioticStandard@beehaw.org ) 
  • TheRtRevKaiser ( TheRtRevKaiser@kbin.social ) 
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code