Political wagering website battles regulators
The United States federal government is attempting to close down a PredictIt, site that permits betting on United States elections. Creator & & CEO John Aristotle Williams states, “Individuals who have a bit of skin in the video game … pay more attention to the political news and they are most likely to be able to filter out phony news, which is a much larger risk to our democratic procedure than PredictIt.”
Source: CNN.