World Cup exposes growing global rift over prediction markets

The World Cup has spotlighted a rising global divide regarding the regulation of prediction markets, where fans can bet on the outcomes of matches. Countries are struggling to create a cohesive regulatory framework to manage these betting sites, highlighting a clash between those who see them as harmless entertainment and others who fear they could lead to gambling addiction and financial harm. This conflict underscores broader issues around technology regulation and the differing approaches countries are taking to balance innovation with public welfare.