Prediction Markets Under Regulatory Scrutiny
The prediction market sector is under rising scrutiny from lawmakers, regulators, and parts of the gaming industry.
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The prediction market sector is under rising scrutiny from lawmakers, regulators, and parts of the gaming industry.
Nevada Rep. Dina Titus has renewed calls for federal action against prediction markets offering sports and casino-style contracts, arguing that the platforms are operating outside the state and tribal oversight systems that govern legal gambling.