"Congress Takes Aim at Prediction Markets Over Kids' Safety Concerns. A new wave of scrutiny is sweeping the prediction market industry as lawmakers and child safety advocates express growing concerns over the potential for minors to access and participate in these platforms. The issue has sparked a heated debate, with some arguing that prediction markets can serve as a valuable educational tool, while others warn of the risks of underage betting and exploitation. As the debate intensifies, the industry is facing pressure to implement stricter age verification measures and protect vulnerable users from the potential pitfalls of these platforms."
{beacon} Technology Technology The Big Story Kids digital safety concerns collide with prediction market debate The growing popularity of prediction markets has caught the attention of kids’ online safety advocates in Congress and gambling researchers, putting pressure on the industry to explain what they are doing to prevent minors and those younger than 21...
