Prediction Markets Promised “Free Money.” A California Senator Says That’s Just Gambling.

Prediction Markets Free Money | Polymarket Fake Bets

A Wall Street Journal investigation found Polymarket paid young influencers to fake winning bets. Now Adam Schiff wants the federal regulator to explain why these apps aren’t treated like the casinos they resemble. WASHINGTON — The videos looked like easy money. A young person films a phone screen, taps a few times on what appears … Read more

College Sports Betting Harassment | California Athletes

College Sports Betting Harassment | California Athletes

California Won’t Let You Bet on Sports. Its College Athletes Are Harassed by Gamblers Anyway. No one in the state can wager on a regulated book for a game, but Bruins and Trojans are among the players asking for shelter from gamblers. A gap in federal law could make things worse. SACRAMENTO – No state … Read more