Discussion

• @kylascan Kyla Scanlon on x

  Yo brother legal team confirmed that we can't work with minors rn [image]

• @kylascan Kyla Scanlon on x

  Young people seem to be (1) gambling a lot (2) targets for prediction market companies and (3) using these platforms primarily to find ways to do insider trading! [image]

• @wexler Nu Wexler on x

  “Yo brother, legal team confirmed that we can't work with minors rn,” a Kalshi employee wrote to the user in messages reviewed by the Journal. “Kinda sad tbh.” https://www.wsj.com/...

• @byklong Katherine Long on x

  NEW: A fraternity that counts Jeff Bezos' stepson as a member under investigation for insider trading. Polymarket-branded beer pong sets. $20,000 in funding to open a prediction market club. Here's how prediction markets are gaining ground on campus. https://www.wsj.com/...

• @bobbyallyn Bobby Allyn on bluesky

  At the center of the prediction markets boom is a bitter rivalry between two 20-something billionaire fintech bros vying for their companies to be distinct, despite everyone constantly lumping them together  —  “For them, it's existential,” a former Kalshi employee told me  —  ww…

• @bobbyallyn Bobby Allyn on bluesky

  “Yo brother, legal team confirmed that we can't work with minors rn” is the best way to summarize this article, an impressively deep look at Kalshi and Polymarket's relentless nationwide campaign to recruit college students and get them hooked to prediction markets early.  [embed…

• @davepell Dave Pell on bluesky

  Prediction markets are actively trying to turn college students into gambling addicts.  They are some of the worst companies in America.  It's pathetic that news organizations and other institutions are doing business with them.  —  www.wsj.com/business/med...

• @jessefelder Jesse Felder on bluesky

  “You can never start those kids too early on sports betting,” Nigel Eccles, the co-founder and former CEO of online sportsbook FanDuel, mockingly wrote. www.wsj.com/business/med...

• @klong Katherine Long on bluesky

  A fraternity that counts Jeff Bezos' stepson as a member under investigation for insider trading.  Parties with Polymarket-branded beer pong sets.  $20,000 in funding to open a prediction market club.  —  Here's how prediction markets are gaining ground on college campuses. www.w…

• @cwarzel Charlie Warzel on bluesky

  there are plenty of moral/ethical reasons to not like prediction markets but the thing that's most interesting to me is the way that they are a machine that destroys trust.  by democratizing insider trading everyone assumes the fix is always in.  it's corrosive!  www.theatlantic.…

• r/technology r on reddit

  A Technology for a Low-Trust Society |  Polymarket and Kalshi promise the wisdom of the crowds.  They deliver something very different