Arizona Warns Regulated Operators, Via Letter, Against Offering Prediction Markets

Arizona has issued a warning to regulated operators, indicating that their licenses could be jeopardized if they engage in offering prediction markets through CFTC-regulated exchanges in other jurisdictions. This move highlights the state's strict stance on maintaining control over its gambling regulations and could have significant implications for operators looking to expand their services. It raises questions about the future of prediction markets and the regulatory landscape in Arizona.