@Stuckey2 This post is ELITE. Immediately sent to my wife to let her know there are “others.” How is one expected to go to bed when the outcome of Purdue/UCLA is still in doubt? The question that’s plagued mankind for ages.
Chairman “GT” Thompson (R-PA): “Is it your observation that [the CFTC’s] core principles-based approach has been effective?
Carl Kennedy, former Obama administration CFTC lawyer: “It is. After the 2000 amendments to the CEA that the CFTC’s principles-based regime has become the envy of global markets.”
The casinos would tear down America’s global dominance in financial markets if it meant they preserve a monopoly. Un-American.
Posting highlights from the Ag Sub-Committee Hearing.
Austin Scott is not falling for the Gaming Lobby’s usual theatrics: “Your revenues are going up, right? Everything I’ve seen shows that. Looks like they are going up 5%” 🧵
@AriWasserman@alexgleitman Surprising he didn’t mention the main advantage of having their head coach to coach them through the playoffs. It’s a bold strategy, Cotton, but seems to work.
The $1 Billion Kalshi Perfect Bracket Challenge
$1 Billion for a perfect bracket
$1 Million guaranteed to the top scoring bracket
$1 Million to charity and scholarships
See the full rules and submit your bracket: https://t.co/oIRws6H3Jn
No purchase or deposit required. SIG Parametrics, LLC, a member of the Susquehanna International Group of Companies, is financially backing this promotion.
I.e. BetMGM has limited my deposits in an effort to obstruct me from using my chosen strategy. On sportsbooks, winning leads to limitation.
Prediction markets don’t impose these ridiculous restrictions and offer advantageous pricing on the majority of offerings. Highly recommend
Bloomberg praises the “consumer protections” of the... gaming industry where companies like BetMGM have been accused of sending marketing emails to entice 14-year-olds.
Every gambling operator limits winners while preying on losers, their KPI is simple: make customers lose more.
Meanwhile Kalshi welcomes winners: has nationwide self-limits, self-exclusion, responsible trading tools - and no house targeting consumer losses.
Bloomberg you're one of the must trusted source of news that I read, please do better research.
Thank you all for your patience yesterday.
The traffic spike was way bigger than our most optimistic forecasts, so a portion of deposits got delayed.
We want to make it right: we’ve reimbursed processing fees on those deposits and added credits to those who experienced delays.
This is an incredible article. It particularly strikes a chord for me the same weekend my @FanDuel account is suspended for, wait for it…. Winning a bet (the House didn’t like). The trading opportunities on prediction markets are expansive AND take the House out of the equation.
“Making a living betting on prediction markets just might be one of those era-defining occupations — like being a Wall Street trader in the 1980s, a dot-com founder in the 1990s or an influencer in the 2010s.”
Thank you @nytimes for writing about the real force behind prediction markets: the traders.
CNBC x Kalshi
The leading business news network integrates the leading prediction market.
Kalshi’s data will supercharge CNBC’s reporting: unfiltered, accurate and market-driven.
A new era of media is here.