The Law That Tried to Kill Prediction Markets—and Failed Spectacularly
A federal judge just blocked the first state ban on prediction markets, exposing the absurdity of local regulations trying to police a borderless internet. The law isn’t just legally questionable—it’s technologically obsolete. Anyone with a VPN can bypass it in seconds. This ruling forces a reckoning: will regulators adapt to the digital reality, or keep pretending state lines matter online?