Easy money or risky business? What can Hong Kong do as prediction markets boom?

In the second of a two-part series tracing new trends in illegal betting in Hong Kong amid excitement over the football World Cup, Connor Mycroft looks at the rise of prediction markets and the risks. Read part one here. When 25-year-old Jean Pierre* started betting on Polymarket last year, his reasoning was simple: “I was just looking to see if I could make some money easily,” he told the South China Morning Post. The French freelance video creator, who has lived in Hong Kong for five years,...