#BinanceBlockchainWeek
Wurster said that prediction markets initially offered legitimate financial applications, allowing investors to hedge portfolio risks by taking positions on Federal Reserve decisions and employment data...........!
The 2024 Presidential Election transformed the landscape when betting volume surged dramatically.
Platforms then pivoted to sustain that engagement through college and professional football markets, according to Wurster.............. ........... .........
He characterized the shift as a method to circumvent state gambling regulations rather than serve investment purposes.. . .. .. .. .. .. .. ..
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