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Stock impact report

Prediction markets under scrutiny after anonymous trader pockets $400,000 from Maduro's capture [Globe and Mail, The (Toronto, Canada)]

DraftKings Inc. - Class A (DKNG) 
The latter is drawing renewed scrutiny into this murky world of speculative, 24/7 transactions. Last week, an anonymous trader pocketed more than US$400,000 after betting that Maduro would soon be out of office. Polymarket did not respond to requests for comment. The commercial use of prediction markets has skyrocketed in recent years, opening the door for people to wage their money on the likelihood of a growing list of future events. But despite some eye-catching windfalls, traders still lose money everyday. And in terms of government oversight in the U.S., the trades are categorized differently than traditional forms of gambling – raising questions about transparency and risk. Trump threatens to withhold Venezuelan oil, money from Cuba Venezuela's regime remains in place, but an exiled opposition makes plans to reshape the country Here's what we know: How prediction markets work The scope of topics involved in prediction markets can range immensely – from escalation Show less Read more
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