Who wins in prediction markets? Day one at NEXTPredict Summit New York

Throughout day one of the NEXTPredict Summit New York, panellists explored the all-important question of who actually stands to benefit from the emerging vertical From retail traders and sportsbooks to market makers, institutions and would-be insiders, day one of NEXTPredict Summit New York kept returning to one question: as prediction markets scale, who actually comes out ahead? Halfway through the final session of the day, two of the field’s best-known economists clashed over a simple question: are prediction markets stacked against the people who trade them?