Intrade Won’t Take U.S. Bets

wsj.com

“Intrade said it would no longer accept bets made by U.S. residents, a move that came just hours after U.S. regulators filed a civil complaint against the company over its commodities-focused markets.” It will be interesting to see the impact that this will have upon the level of interest in and reliability of prediction markets for US-centric events, which make up the lion’s share of Intrade contract offerings.