Money
Campbell Calls Prediction Markets a Cancer on Society Targeting Young Men
Lewis Howes School of Greatness
The Psychology Behind Why You're Still Broke | George Kamel
"The Polly Market? Yeah, I'm going to go as far as to say it's a cancer on society. It is like everything that is wrong with the world put into one terrible product. Because what's happening is you're getting a lot of especially young men who already aren't doing great as far as their vices."
George Campbell issued a scathing condemnation of prediction markets like Polymarket and Kalshi, calling them a societal cancer designed to exploit vulnerable young men. He cited data showing companies made $256 million in profits from users losing money, with only the top 1% capturing 84% of gains, and warned that these platforms have normalized gambling by rebranding it as prediction rather than betting.
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Lewis Howes School of Greatness