FINALLY. How the fuck have they remained legal for this long‽
ChocoboAndroid on
This needs to happen. It’s a tool for blatant corruption at this point.
Colonel-Mooseknuckle on
It’s a good idea, therefore our great leaders will vote against it.
AdPlayful8158 on
It’s kind of interesting-why couldn’t they address this earlier? It seems pretty obvious this should’ve been done a long time ago
Closet-PowPow on
And oil of course. Right? Right???
Travelerdude on
Won’t pass. Senate loves a good deal.
Sad_Locksmith_2904 on
Good. It’s fucking absurd that Donald Trump Jr. can sit on the board of Polymarket and make millions off insider knowledge as his child rapist father murders people in the Middle East.
Surturiel on
Why not abolish the whole thing?
Gambling is a cancer to society, doesn’t create any value, and preys on people’s addictive behaviour.
Only-Friend-8483 on
Interesting that they choose to regulate that instead of passing a law preventing insiders from trading altogether.
halfsweethalfstreet on
There is no way our lawmakers will outlaw one of their own revenue streams.
Potential-Fan-6148 on
We should ban all forms online gambling period.
It’s too easy to get addicted to and lose all your savings over.
At least with casinos we can add monitoring and controls.
mogas1969 on
No serious country would allow online betting markets in any capacity. The US is currently treated as giant casino/economic zone and not a country of people.
Beksense on
Excuse my ignorance but isn’t the Stock Market basically one big prediction market at this point?
Protolictor on
So….still no ban on using high positions of government to blatantly manipulate markets.
Jaded_Hyena_3522 on
They’re going to shut it down right after everybody at the top of the pyramid is done making money off it
SuperJay on
There’s a reason gambling used to be legal every where and then was outlawed almost everywhere. Why do we have to relearn lessons ourselves?
NChSh on
They’re probably only putting it on the docket just to have another bill on the prediction market to bet on
Cobra-Lalalalalalala on
I wouldn’t bet on it passing.
2dazeTaco on
They’ll vote to ban this, but won’t vote to ban congressional stock trading. They don’t want the poors to have the same ability to make money as they do.
*Rules for thee, not for me.*
snoopingforpooping on
You can’t have a prediction market where a small circle of influential people know or control the outcome.
insertUserNamehereno on
Gambling is the only addictive AND life ruining thing I see people fight tooth and nail to defend its legality. When people are willing to heavily tax any drink with high fructose syrup cause they think it will deter a bad habit but then have no issue with betMGM commercials running four times every ad break you have to wonder what’s going on with people’s priorities.
AINonsense on
No chance of that passing, then.
recentgrooves on
no more gambling on how many civilian deaths in Iran!?! PRUDES!
HowardBunnyColvin on
Kalshi, Polymarket et al have gone out of control. We need regulating up in here like Nate Dogg
boney_king_o_nowhere on
Why lump sports in with politics and military? Typical midwit politician move.
DylanFTW on
Sports betting will be banned?
YoureProbablyAB0t on
This one hundred percent needs to happen.
Losing all of your money because of dopamine producing flashing lights sound like every young person will be broke in ten years.
We need to find a way to incentivize productive behavior.
Nukesnipe on
The only people trying to argue that this shit isn’t gambling are the people making money off it. These have already been ruled as gambling in a bunch of countries.
Disastrous-Special30 on
It’s gambling. Stop calling it “prediction markets”. It’s illegal gambling.
Dairy_Ashford on
Trump is launching a prediction market, Truth Predict, through his media company.
jjb0ne on
prediction market = casino
Rough_Buddy6903 on
But how will Baron make his money?
Malaix on
Modern society has completely burned away my „its your choice“ stance on gambling as a whole. Sorry. Its society corroding. It should be illegal.
Use your money to buy things. Use it to fix your house. Use it to start a business. Use it to support the arts.
Anything that’s fucking real. Not chance. Not chasing highs for an addictive behavior. Not on a get rich scheme that ends up costing your house or your kid’s university savings or your family business.
Gambling is a degenerate behavior and it has immense societal costs. Its never simply your choice. If you blow all your savings gambling guess what? Now you are a burden on society. Why should society put up with that?
Ban it.
cbelt3 on
Now ban insider trading for politicians.
obeytheturtles on
Just ban then entirely.
Devilofchaos108070 on
Do it!
ankercrank on
Watch this law pass with overwhelming support, only to have SCOTUS strike it down since god wants kids to be gambling at school, or some bullshit.
tavirabon on
If they don’t ban betting on published news stories period, reporters will still be targeted during some high profile bets.
midgaze on
Honestly the entire economy needs to be nationalized to stop the rich from manipulating it at this point.
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
39 Kommentare
FINALLY. How the fuck have they remained legal for this long‽
This needs to happen. It’s a tool for blatant corruption at this point.
It’s a good idea, therefore our great leaders will vote against it.
It’s kind of interesting-why couldn’t they address this earlier? It seems pretty obvious this should’ve been done a long time ago
And oil of course. Right? Right???
Won’t pass. Senate loves a good deal.
Good. It’s fucking absurd that Donald Trump Jr. can sit on the board of Polymarket and make millions off insider knowledge as his child rapist father murders people in the Middle East.
Why not abolish the whole thing?
Gambling is a cancer to society, doesn’t create any value, and preys on people’s addictive behaviour.
Interesting that they choose to regulate that instead of passing a law preventing insiders from trading altogether.
There is no way our lawmakers will outlaw one of their own revenue streams.
We should ban all forms online gambling period.
It’s too easy to get addicted to and lose all your savings over.
At least with casinos we can add monitoring and controls.
No serious country would allow online betting markets in any capacity. The US is currently treated as giant casino/economic zone and not a country of people.
Excuse my ignorance but isn’t the Stock Market basically one big prediction market at this point?
So….still no ban on using high positions of government to blatantly manipulate markets.
They’re going to shut it down right after everybody at the top of the pyramid is done making money off it
There’s a reason gambling used to be legal every where and then was outlawed almost everywhere. Why do we have to relearn lessons ourselves?
They’re probably only putting it on the docket just to have another bill on the prediction market to bet on
I wouldn’t bet on it passing.
They’ll vote to ban this, but won’t vote to ban congressional stock trading. They don’t want the poors to have the same ability to make money as they do.
*Rules for thee, not for me.*
You can’t have a prediction market where a small circle of influential people know or control the outcome.
Gambling is the only addictive AND life ruining thing I see people fight tooth and nail to defend its legality. When people are willing to heavily tax any drink with high fructose syrup cause they think it will deter a bad habit but then have no issue with betMGM commercials running four times every ad break you have to wonder what’s going on with people’s priorities.
No chance of that passing, then.
no more gambling on how many civilian deaths in Iran!?! PRUDES!
Kalshi, Polymarket et al have gone out of control. We need regulating up in here like Nate Dogg
Why lump sports in with politics and military? Typical midwit politician move.
Sports betting will be banned?
This one hundred percent needs to happen.
Losing all of your money because of dopamine producing flashing lights sound like every young person will be broke in ten years.
We need to find a way to incentivize productive behavior.
The only people trying to argue that this shit isn’t gambling are the people making money off it. These have already been ruled as gambling in a bunch of countries.
It’s gambling. Stop calling it “prediction markets”. It’s illegal gambling.
Trump is launching a prediction market, Truth Predict, through his media company.
prediction market = casino
But how will Baron make his money?
Modern society has completely burned away my „its your choice“ stance on gambling as a whole. Sorry. Its society corroding. It should be illegal.
Use your money to buy things. Use it to fix your house. Use it to start a business. Use it to support the arts.
Anything that’s fucking real. Not chance. Not chasing highs for an addictive behavior. Not on a get rich scheme that ends up costing your house or your kid’s university savings or your family business.
Gambling is a degenerate behavior and it has immense societal costs. Its never simply your choice. If you blow all your savings gambling guess what? Now you are a burden on society. Why should society put up with that?
Ban it.
Now ban insider trading for politicians.
Just ban then entirely.
Do it!
Watch this law pass with overwhelming support, only to have SCOTUS strike it down since god wants kids to be gambling at school, or some bullshit.
If they don’t ban betting on published news stories period, reporters will still be targeted during some high profile bets.
Honestly the entire economy needs to be nationalized to stop the rich from manipulating it at this point.