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Why This Prediction Market Banned Teens

First publishedAug 13, 13:30 UTC
Last updatedAug 16, 12:36 UTC · 8m ago
11 outletWIRED
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Why This Prediction Market Banned Teens
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Answer

Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom.

Reported by 1 outlet WIRED. See all sources ↓

Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom. Also, the sports trading company he runs, Novig, launched its prediction market last week, facilitating $18 million in trading volume on its first day. Today, Novig launches a “responsible trading framework” in its exchange rulebook, codifying its guardrails as part of its effort to be seen as a kinder, gentler prediction market player.

Read the full report at WIRED

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In brief
What's the story?
Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom.
How widely is it covered?
1 outlet, average source rating 7.0/10.
When was it last updated?
8m ago.
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    Why This Prediction Market Banned Teens

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    WIRED
Sources (1)
Avg source rating 7.0/10
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