Overtime – Episode #727: Gov. Wes Moore, Chris Cuomo, Sarah Isgur

Speaker 00:00

[upbeat music] Welcome to an HBO podcast from the HBO Late Night series, Real Time with Bill Maher.

Bill Maher· Host0:06

[clapping] All right, here we are on overtime with the Democratic Governor of Maryland, Wes Moore, and the host of The Chris Cuomo Project and News Nation's Cuomo, Chris Cuomo, and she's the editor of The Dispatch's SCOTUSblog, whose new book is Last Branch Standing, Sarah Isgur. Okay. [cheering] All right. Here are the questions from the people out there. All right, Governor Moore, what should the government's approach be to regulating prediction markets and preventing insider trading? Oh, I know why they asked this, 'cause you just made a move on that, right?

Wes Moore· Guest0:37

I sure did. Yeah, we, we just signed an executive order banning anyone in Maryland state government from doing any, any type of predictions market gambling. [cheering] [clapping] Uh, and, a- a- and it's, it's, it's r- it's really for two reasons. One, on, specifically on the predictions marking, prediction markets, it actually is ridiculous. So for example, um, if you look at the most recent polls that, that we have seen, we're at around 57% approval rating, one of the higher numbers for any governor. If you look at the prediction markets on the probability that I'll win re-election, it's coming in around 97%, right? So what was keeping me or my family from saying, "You know what? We have an idea. Let's put a $250,000 bet that I won't win re-election," and then I just basically tank it in. I stop going to work. I