November 11, 2025
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7:59Now PlayingPrediction markets are getting a fresh dose of legitimacy. Bernstein now calls them a viable asset class. A Bloomberg Law column from Sidley Austin’s Ian McGinley highlights the next frontier: sports event contracts, letting users bet on everything from game outcomes to individual plays. Ian McGinley, a Partner at Sidley Austin and former Director of Enforcement at the CFTC joined Bloomberg Open Interest to talk about the future of prediction markets.
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