Sam Goldfarb

Investors have all this demand for bonds for reasons we discussed.

So even though the supply is ramping up with this tech borrowing, it's still not too much to overwhelm the demand for them.

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?