FIFA, Predictstreet and the controversial rise of prediction markets. Just don’t call it gambling…

“How many times will Elon Musk post on X today? Will Donald Trump do anything this week? Hantavirus pandemic in 2026? Where will Taylor Swift and Travis Kelce’s wedding occur? Oh, and who will win the 2026 World Cup? Welcome to the world of prediction markets, the increasingly popular betting platform that allows users to stake money, cash or crypto, on a wide range of topics. Just don’t call it gambling in the United States because, well, it technically isn’t… yet. …”
NYT/ATH (Video)