Investors pour billions into US start-up which lets gamblers bet on the likelihood of war

Polymarket is part of a new wave of firms opening up more corners of life to financial speculation

A Taiwanese soldier stands guard beside a Himars missile system. Photo: Getty

Denitsa Tsekova and Adrian Weckler

Even as prediction market platforms have tested legal and regulatory norms like never before, most have drawn a line at one category: direct wagers on war.

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