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Schwab CEO Warns: Prediction Markets Are Making Gambling Look Like Investing
Prediction markets are dangerously blurring the line separating gambling and investing, Schwab CEO Rick Wurster cautioned this week. CFTC-approved prediction markets can certainly be used as legit financial instruments, but it’s their venture into sports, and the messaging behind it, that’s causing concern. дальше »
2025-11-7 22:41 | |
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DraftKings’ Railbird Acquisition Forges Path To Prediction Markets
This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a CFTC-approved Designated Contract Market, broke in July. дальше »
2025-10-22 18:17 | |
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