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‘This is an all-out war’: Inside the casino industry’s fight to stop prediction markets | CNN Business
Prediction platforms get licensed by an obscure federal commodity regulator, instead of state gaming boards. This setup also means they aren’t taxed like gambling.
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States can regulate prediction markets as gambling, federal appeals court rules | CNN Business
A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.
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‘This is an all-out war’: Inside the casino industry’s fight to stop prediction markets | CNN Business
Prediction platforms get licensed by an obscure federal commodity regulator, instead of state gaming boards. This setup also means they aren’t taxed like gambling.