Sunday, Irish betting site InTrade announced on its website that all trading was being halted. The language is very ominous. It's unclear if there will ever be trading again. The site was ...
WASHINGTON U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on ...
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Economists love prediction markets like Intrade. But the U.S. government has long been skeptical of such sites. Is it time for that change? That question popped up again this week after federal ...
There is a professional poker player in Queens named Serge Ravitch who is convinced that he can make money off this year’s presidential election. But to explain what he’s up to, I want to start with a ...
Can the power of markets help us predict the balance of power? Yes - if the federal government does not forbid it. Just as people wanted to know where Hurricane Sandy would hit, or how flu vaccines ...