It is too bad that this bill wasn't a law a few years ago, we might still have Intrade

The Obama administration has killed Intrade, which allowed for prediction markets for everything from elections to stock markets.  If this bill had been law, we might still have these prediction markets operating.  From the New York Daily News:
Rep. Peter King proposed a measure that would set a common federal standard for online gaming, but said that it would also give states and Native American tribes the right to opt-out of a federal system and keep their own internal gaming practices. . . . 



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