Minnesota becomes first state to ban prediction markets
https://www.npr.org/2026/05/19/nx-s1-5821265/minnesota-ban-prediction-marketsloading story #48199528
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I think in 10 years we'll see the rise of online sports betting, including in prediction markets form, as a new opioids epidemic.
For some amount of people they use it recreationally to blow off some steam, but theres a segment of the population that ruins their lives on it.
In some sense it may be worse than opioids because a husband (its always the guy) can ruin their families finances in secret before the wife's credit card gets declines & she pulls on the threads to find six figures of hidden debt from it and realize they are about to lose their home.
In some ways, historically having gambling located in specific geographic areas that were not within most peoples daily travel routine ensured safer use.
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