Gambling on Disasters and Predictions | San Diego News

Gambling’s gone wild—people are now betting on natural disasters, like the Palisades fire, with over a million dollars wagered in just one year. Prediction markets have exploded, letting folks gamble on elections, wars, and sports, turning real-world events into potential paydays. But with no rules to stop shady behavior, we’ve seen soldiers using military intel to bet on political upheavals—and whispers of military profiting from U.S. strike bets. Senators are alarmed, fearing someone might actually cause a disaster to cash in. It’s a high-stakes, unregulated world where real life becomes a game—and nobody’s watching the scoreboard. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4dc47195b817cfc9