High Alert

Mormon leader decries explosion of gambling and blasts prediction market wagers — ‘Or even, if you can imagine, the timing of the Second Coming’

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Fortune
Mormon leader decries explosion of gambling and blasts prediction market wagers — ‘Or even, if you can imagine, the timing of the Second Coming’WorldPing
Image via Fortune.

What happened

“For us as Latter-day Saints, overarching all other concerns is the fact that gambling is morally wrong.

Gambling is built on the desire to obtain something for nothing.”…

Key facts

  • Reported by Fortune and published Sat, 03 Oct 2026 22:33:24 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail

  2. U.S. debt is increasingly at the mercy of the market as interest costs surge while elections add more risk to the debt ceiling, ratings agency warns

  3. OpenAI safety leader quits, warning AI company’s culture is ‘broken’

  4. Mormon leader decries explosion of gambling and blasts prediction market wagers — ‘Or even, if you can imagine, the timing of the Second Coming’

Sources

The original report was published by Fortune. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Fortune

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