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I will be presenting my paper, "Why Courts and Congress Should but Won't Outlaw Prediction Markets," at the 19th International Conference on Gambling & Risk Taking at the Bellagio Hotel & Casino in Las Vegas, May 26–28, 2026. My presentation is part of the...
New academic paper from Mark Griffiths and Michael Auer shows for the first time who plays online casinos and how much they bet. Looking at 926,086 real money gamblers in six countries, Griffiths and Auer found in the US the top 20% of players account for 95% of the...
On March 23, 2026, Kalshi and Polymarket, by far the largest prediction markets, announced bans on insider trading; even though insider trading is already banned in their Terms and Conditions. Prediction markets have two major problems, which can’t be cured by public...
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