Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 89 FR 48968

  • From: Joseph A Gerardot
    Organization(s):
    Independent

    Comment No: 73690
    Date: 5/23/2024

    Comment Text:

    Classifying prediction markets as gaming is foolish. They are a useful and very interesting political science tool, and the opportunity to make a fairly small amount of money at them is not very significant in the face of the larger aspects of the markets.

    The markets do need to be real-money to have any meaning, but the restrictions under which PredictIt operates, with a low maximum investment size, seem entirely sufficient to prevent problematic gambling behavior.

Edit
No records to display.