National Journal and InTrade Launch Interactive Prediction Market

From the release:

    National Journal Group, Washington’s leading publisher of political and policy news and analysis, and Intrade, the leading prediction market allowing people to trade on political, financial, weather and other events, today announced an exciting new online partnership in which Intrade will supply its leading prediction market technology to National Journal Group, allowing readers and users of NationalJournal.com to predict and trade on political news and events from the 2008 election.

    National Journal Group and Intrade will now work together to build the online prediction market on topics relevant to National Journal Group’s extensive audience of Washington insiders and political junkies. Once the site is live, the market will be open to the public on NationalJournal.com, and will include information and analysis to inform the users’ trades. Users will be able to compete against each other, using play money as the currency to predict political and current events.