Public Resistance Puts US Prediction Markets Under Pressure

Six in 10 Americans oppose using prediction markets to wager on election results, a Reuters/Ipsos poll found, adding a public-opinion challenge as officials debate how to regulate the industry. The online survey covered 4,506 US adults nationwide from September 30 to October 5, with a margin of error of about two percentage points. Opposition crossed party lines: 69% of Democrats and 61% of Republicans opposed election betting.