Our podcasts and audio content feature experts and top guests, audio from Cato forums and conferences, lively discussion about current events, and more.
Prediction Markets Should Not Be Subject to Fragmented Regulation
A federal judge has preliminarily ruled that, for the sports contracts at issue, federal law likely overrides Illinois’s demand that prediction market exchanges obtain a state license. This is the right outcome, because a market spanning the country should not have to answer to a patchwork of state rules.
