Comment Re:Slot machines... (Score 1) 83
Thinking further, it seems like it'd be impossible to separate things because commodities future trading is in fact a kind of gambling. When you buy a futures contract, you're betting that the price of the commodity will go above the contract price. The seller is betting it won't. The only difference is what you get if you win the bet. dollars or eg. corn. Once you allow intangibles in, even that distinction disappears. The dissent has a point, but I think the majority is correct as to the law and if people don't like it then the law needs to be changed to restrict what can be traded on a commodities market.