Sam Goldfarb

Jared, to start with the basics, what are prediction markets?

So what is the real difference between prediction markets and sports betting?

Yeah.

So as you mentioned in your piece, about 50 percent of Americans live in states that have banned sports gambling, most notably California and Texas.

But prediction markets are approved at the federal level.

So is this basically a legal workaround?

Zooming out, you note that the two biggest online sports betting companies took in $15 billion last year through November, right?

up over a billion dollars since the previous year.

What impact overall have apps had on American gambling as a whole?