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Prediction Markets Reshape Elections | Salt Lake City News
Prediction markets are exploding in influence, with millions wagered on election outcomes—down to the last seat in Congress—fueling debates over political power, voter behavior, and regulation. Big money from market operators is flowing into campaigns via Super PACs, raising alarms about access and influence. While some fear these odds sway voters into self-fulfilling prophecies, others argue the scale makes manipulation hard and civic duty should trump betting. Regulators are scrambling: a Utah court called them gambling, while Congress eyes new laws to protect consumers. With billions…
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