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A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.

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[-] GammaGames@beehaw.org 8 points 6 days ago* (last edited 3 days ago)

Yep, being a “growth industry” feels really unhealthy for the country

[-] queermunist@lemmy.ml 7 points 6 days ago* (last edited 6 days ago)

It's a fact, not some kind of defense of gambling. The US economy is only not in a recession by technicality, because of a few industries propping it up: gambling, healthcare, and data centers.

Healthcare is real economic activity, everything else is fake and parasitic. But, once they fail things could unravel.

[-] GammaGames@beehaw.org 1 points 5 days ago* (last edited 5 days ago)

I do appreciate that, but I hate the fact! Thank you for sharing

this post was submitted on 29 Aug 2026
51 points (98.1% liked)

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