Sports bets and prediction-market contracts can look alike, but they face...

https://www.start-bookmarks.win/sports-betting-and-prediction-markets-can-look-alike-but-the-rules-and-risks

Sports bets and prediction-market contracts can look alike, but they face different rules and risks. This explainer traces crypto’s behind-the-scenes role in payments and settlement, and why Connecticut sent cease-and-desist orders to nine companies.