Wall Street spent decades escaping the casino label. Are we going back?"

First came options., then weekly options, then 0DTE options, then prediction markets.

Now Charles Schwab is preparing contracts that let traders make simple yes-or-no bets on where the S&P 500 closes. Wall Street spent decades trying to look different from a casino, but lately it feels like it's moving in the opposite direction. Do you see this as financial innovation or are we simply finding more sophisticated ways to gamble?