Background:
https://www.predictit.org/platform-announcements
Inspired by this tweet:
Aug 4, 9:13pm: Will PredictIt create any new markets before March 2023? → Will PredictIt be operating normally in March 2023?
Aug 4, 9:51pm: "Operating normally" means that PredictIt is still creating new markets and you can still deposit money and trade those markets in the United States
Aug 11, 1:17am: On the latest Star Spangled Gamblers podcast, the PredictIt CEO said it might be possible for them to get CFTC approval for non-election political markets, and also that they applied earlier to the CFTC earlier this year for permission to create a new website that would operate differently from PredictIt. Neither of those meet the criteria of "operating normally", for this market to resolve YES there must be election markets on PredictIt.com
PredictIt asks 5th circuit court to extend the Feb 15 deadline while they consider the case.
This market will not necessarily resolve Yes if that happens, per the original description PredictIt would need to create more than one new market in March.
@ahalekelly I’m confused by this addendum. On Aug 4 you said:
Operating normally" means that PredictIt is still creating new markets
I read “be operating normally in March” as new market creation (elections included) must be createable on March 1 or become createable again before March 31. Is that not what you mean?
