Wildfire Betting Turns Tragedy Into Trade | Anchorage News

California’s deadly 2025 wildfires didn’t just destroy homes and lives—they sparked a dark betting frenzy. Over $1.2 million was wagered on prediction markets forecasting fire spread, containment, and damage, as people gambled on tragedy. Survivors call it cruel and heartless, fearing it could even encourage arson. A new platform, Wyldfyre, markets itself as “collective intelligence,” but federal and state agencies reject it as dangerous gambling. Minnesota has banned such markets statewide, while California remains unregulated—though survivors like Sylvie Andrews hope any profits from their suffering are donated to rebuild lives. 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/514a12d5f4e45550