Prediction Markets Gain Credibility
Prediction markets are getting a fresh dose of legitimacy. Bernstein now calls them a viable asset class. A Bloomberg Law column from Sidley Austin’s Ian McGinley highlights the next frontier:...
By Bloomberg Markets · Bloomberg Markets
Prediction markets are getting a fresh dose of legitimacy. Bernstein now calls them a viable asset class. A Bloomberg Law column from Sidley Austin’s Ian McGinley highlights the next frontier: sports event contracts, letting users bet on everything from game outcomes to individual plays. Ian McGinley, a Partner at Sidley Austin and former Director of Enforcement at the CFTC joined Bloomberg Open Interest to talk about the future of prediction markets. (Source: Bloomberg)