Experts say growing trend on sites such as Polymarket and Kalshi could motivate people to start fires to win money
We Haven’t Seen the Worst of What Gambling and Prediction Markets Will Do to America
I don’t think people have thought hard enough about how bad this could get.
Mark Zuckerberg Sure Sounds Eager to Get Young People Hooked on Online Gambling
The Meta CEO is developing a social network betting market app—and wants help from Polymarket and Kalshi.
From Pill Mills to Prop Bets: Prediction Markets and Mobile Sports Betting Apps Are Fueling America’s Next Addiction Crisis
Against the gamblification of the world.
Fake Cal Fire social media accounts are asking for donations
LOS ANGELES (KTLA) – As Los Angeles begins rebuilding after the devastating Palisades and Eaton fires leveled entire communities, fraudsters and scammers have taken to social media to take ad…
Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets
A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings.
Californians are subsidizing mansion wildfire insurance as FAIR risk explodes
As commercial insurers have fled California in the wake of wildfires, FAIR has become the insurer of first resort for owners of multimillion-dollar properties in exclusive but fire-prone communities.
We are all going to regret Kalshi and Polymarket.
Gambling should be like cigarettes: Legal but inaccessible.
Nicky Case: The Attractors Behind Disasters
A Star Investor's Tale of Risk, Ruin & Reinvention w/ Victor Haghani (RWH071)
Inside the Economy of AI Spammers Getting Rich By Exploiting Disasters and Misery
How AI spammers monetized the LA fires and other natural disasters.
The Danger of Keeping Score | On the Media | WNYC Studios
Last Friday, the Washington state Attorney General sued Kalshi, the prediction market platform where users can place bets on real world events, such as the number of deportations this...
The Art of Taking Smart Risks
Good risk can bring joy to life, but Americans are up against forces that profit from the reckless kind.
More Than Half of Men Aged 18 to 49 Have Already Fallen Into Online Sports Betting
A recent survey found that more than half of American men aged 18 to 49 said they had an active sports betting account.
Is Big Tech's AI Gamble Starting to Look Riskier? - Slashdot
The Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines." They warn "Tech superstars that once had oodles of cash left over at the end of each year are now flipping into the red..." [While optimists expect] huge corporate p...
