The Prediction Market in Kazakhstan: A New Financial Instrument or an Alternative to Betting?
Together with 3S.INFO, we look into the launch of a regulated prediction market in Kazakhstan, where ITS is testing event contracts on financial and economic events within the AIFC FinTech Lab.
An Exchange Instead of a Bookmaker: How Prediction Markets Are Building a Parallel Sports Betting Market
On 3S.INFO, we break down why trading event contracts is essentially close to betting, yet legally may be regulated as a market for financial derivatives under CFTC oversight, rather than as bookmaker activity at the individual state level.
What Is a Prediction Market?
In recent years, the prediction market has evolved from an exotic tool for political scientists into a multi-billion-dollar industry, drawing the attention of both professional...