TradeSports.com Legal in America?

June 16, 2006 1:37 PM

Is it against the law for US citizens or residents to trade on overseas futures markets such as TradeSports.com?

Many view these types of prediction markets as gambling or betting. Does anyone have any experience with the US legal system's view of US residents and citizens participating in these sorts of prediction markets?

posted by sebrenner to law & government (1 comment total)

I heard in washington they were going to make gambling online a felony in washington.
posted by delmoi at 2:08 PM on June 16, 2006