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Prediction markets are ditching the 'casino' label to become a regular part of how people track the news

By CoinDesk · Summarized & edited by · 2026-05-02
Prediction markets are ditching the 'casino' label to become a regular part of how people track the news

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Why it matters: Retail traders gain a low‑cost, high‑frequency avenue to bet on real‑world events, while traditional data providers lose market share; the $20 billion‑plus volume shift forces media and analysts to treat prediction prices as a regular data point.

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