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No Intrade-ing for the US


Regulators bar U.S. Citizens from using Intrade, 25.11.2012

I don`t really understand this. Intrade is now off limits to US Citizens because they are not allowed to vote on the outcome of an election. Why not? I realise that this contravenes some state laws, but I guess what I´m saying is that I don`t understand the reasoning behind the laws. It´s a shame that we have lost so much good information. Intrade was a consistently good performer in terms of political events, I wonder what will take its place.

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