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Comment on Legality of real-money prediction markets in America ? [LINKS] by Jason Ru

Comment on Legality of real-money prediction markets in America ? [LINKS] by Jason Ru

This is a discussion on Comment on Legality of real-money prediction markets in America ? [LINKS] by Jason Ru within the Prediction Markets News Feeds forums, part of the Forecasting Special Interest Group category; Chilton’s stance is not new as he voted against approval of Cantor Exchange. One aspect of this that is relatively new is the MF Global debacle, which places the Commission ...

28th December 2011, 10:16 AM	#1
admin Administrator Join Date: Oct 2007 Posts: 15,957 Blog Entries: 7	Comment on Legality of real-money prediction markets in America ? [LINKS] by Jason Ru Chilton’s stance is not new as he voted against approval of Cantor Exchange. One aspect of this that is relatively new is the MF Global debacle, which places the Commission under greater scrutiny and probably makes the other commissioners less likely to allow such contracts. Intrade continues to exist in a gray zone, as the Commission has signaled jurisdiction via the Cantor decision, but takes no action. With this ambiguity, it is not worth the risk of maintaining an account there. Obama for re-election at 52% seems too low by the way. More Midas Oracle Group Blog Comments...

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