Prediction Markets: Gambling by any other name is still gambling... or is it an event contract?

There is a phrase that keeps coming to mind when I learn about prediction markets. "Everything that is old becomes new again." There is a torrent of headlines about the demand-side popularity of prediction markets and event contracts, while on the other hand there is an equivalent tsunami of headlines about the supply-side regulation of these markets. Do state or federal authorities have jurisdiction? Is this whole debate elevating form over substance? The Shakespeare rule of regulation, gambling by any other name is still gambling, right?

In this video we set out to explore this topic from a different angle and we hope you enjoy the conversation.