Episode
Americans Bet Big on Offshore Prediction Markets
- Published
- Jun 12, 2026
- Duration seconds
- 124
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/business-finance-news-today-2-min-news-the-daily-news-now-7726192/episodes/americans-bet-big-on-offshore-prediction-markets/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/americans-bet-big-on-offshore-prediction-markets.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Americans are secretly pouring billions into offshore prediction markets, with up to $34 billion traded in a single year—mostly through platforms like Polymarket, despite U.S. bans. A Rutgers study reveals 12.5% to 31.5% of all U.S. prediction market activity is happening on unregulated sites, projected to hit $133 billion by 2030. Regulators are scrambling as the CFTC proposes banning bets on war and assassination, while the Coalition for Prediction Markets warns of rampant fraud, money laundering, and dangerous bets on death and conflict—all happening outside the safety net of U.S. oversight. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/340dfe5dc23a2c4a