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by throwawayffffas
15 days ago
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The defense is that "Bets are placed on uncertain outcomes" also covers all kinds of insurance, the stock market, commodities markets, all kind of derivatives etc. So where is the line drawn? In the US there has been a tremendous amount of money spent on lobbying to keep prediction markets on the not gambling side. |
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I'm sure you need a license to become an insurance broker, stock broker, commodoties broker.
Gambling license is all they need to get.