Will recent online gambling plea impact the prediction market industry?

The former CEO of defunct online gambling firm BetonSports this week pleaded guilty to racketeering conspiracy charges in US federal court, as reported by Reuters.

The line of most interest:

"This plea is a significant step in the government's efforts to end the proliferation of U.S.-facing offshore sportsbooks," said John Gillies, FBI special agent-in-charge in St. Louis.

How will this development impact off-shore based real-money prediction markets? Tradesports obviously has already been shut down and Betfair is illegal in the US, but I wonder if Ireland-based Intrade will be seen as more vulnerable.

Comments

[Gambling Junkie]

I've guess it will really affect the market industry. Many people are dependent on that. Aside from that it generates more jobs on the states where it was initiated.