Financial Analysts Skeptical of Sports Event Contract Prediction
US financial analysts have poured scorn on plans to launch prediction market and sports contract-themed exchange-traded fund (ETF) products, likening them to stock picking.
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US financial analysts have poured scorn on plans to launch prediction market and sports contract-themed exchange-traded fund (ETF) products, likening them to stock picking.
Former top regulator Gary Gensler is weighing in on the new legal battle heating up over the regulation of sports-related prediction markets in the United States, and he is clearly opposed to federal oversight.