31–40 of 227 posts
Earlier quoted context omitted.
Most competent people at the DOJ have either been fired or left. And the current administration seems to love insider trading, so long as they can be the insiders doing the trading.
I'll leave this here, Donald Trump Jr got a free stake in Kalshi. https://finance.yahoo.com/markets/options/articles/donald-tr...
I really don’t understand how these markets survive a competent DOJ considering the rate they’re having to ban people for “insider trading”. Fully appreciate the Unions position here.
Sports gambling is a cancer, as are prediction markets. None of it should've been legalized and all of it should be banned.
Sports gambling is a cancer, as are prediction markets. None of it should've been legalized and all of it should be banned.
Sports gambling is a cancer, as are prediction markets. None of it should've been legalized and all of it should be banned.
Earlier quoted context omitted.
Google was not helpful to me, but what exactly is the deal being discussed? Is NYT going to allow readers to place kalshi bets on their website / app? That would be even more damaging to young men IMO.
I'm placing a bet on "at least one NYT editor caught manipulating news stories so he can win Kalshi bets within one year" if a deal like this goes through.
In some grim way it will be interesting to see the how this evolves. I mean, in a way betting markets are parasitic on news agencies that have a reputation for objective reporting, in the sense that they need something that can be treated as objective to evaluate their bets. How will it shake out if reporting institutions become “part of the game.” If “editor at NYT” or “knows and editor at NYT” become an advantages that can be leveraged (either for advanced outcomes or to manipulate outcomes themselves).
Maybe the betting groups will eventually need to built institutions that are known for objective/prudent reporting that can be accessed equally, haha.