EXCLUSIVE: Prediction Markets Expert Says Surge 'Gives Me Hope,' 'There's An Appetite For Fun'

Benzinga

Prediction markets took center stage at Benzinga’s Fintech Day, with leaders discussing industry growth, data advantages, and regulatory challenges. Speakers highlighted renewed momentum in the sector and debated how U.S. rules should evolve, pointing to the U.K. as a model.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Prediction Markets dominated Benzinga's FinTech Day and awards 2025 in New York,

00:08where industry leaders discussed their evolution and future potential.

00:12Smarkets founder Jason Trost said prediction markets are currently experiencing a

00:17hype cycle as the company plans U.S. expansion. George Mason University professor Robin Hanson

00:24R said the field has seen long periods of stagnation, followed by bursts of activity

00:29like the current resurgence. TradingView's Michael Zola emphasized the social intelligence and data

00:35aggregation potential of prediction markets, while Forecast EX CEO Rob Pryor warned about

00:40compliance risks. Trost said the U.S. should look to the U.K.'s strong sports betting model for

00:46regulation while cautioning against distasteful prediction markets that trivialize real events.

00:51For all things money, visit Benzinga.com.

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