“Prediction markets are gambling,” Utah Governor Spencer Cox recently posted on X. He paired the claim with a slickly produced video that showed him labeling the industry as “gambling companies that ...
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A new nationwide survey suggests most Americans don’t see sports prediction markets as investing tools, but rather as another form of gambling, with growing concern about how these platforms operate ...
Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON — America’s big online gambling boom has finally caught Congress’ attention. Republicans and Democrats have introduced ...
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If you believe the multibillion-dollar firms behind “prediction markets” and the individuals who are handsomely paid to promote them, two things are absolutely clear: These exchanges are not gambling, ...
The soccer coach had blocked himself from sportsbooks by the time he found prediction markets. The tax accountant said he “got the same high” on those platforms that he got from gambling. “That was ...
A handful of states currently have election betting restrictions.