Since the decline of the steel industry, Gary, Indiana has been a city struggling to keep up. Twenty years ago, Gary opened its first casinos, spirits buoyed by the casino industry’s lofty promises of economic development and help for cities in need. Now, after two decades of casino gambling and two decades of struggles in Gary, lawmakers are beginning to see that those promises have not panned out.
“‘Is This Insider Information?’ The Prediction Market Bets Driving a Campus Frenzy” | The Wall Street Journal
Kalshi and Polymarket pour money into deals with social-media influencers and students, who try to parlay rumors into cash; ‘We