Sports-Betting Firms See State License Risk in Prediction Market

Bloomberg TechnologyFriday, October 31, 2025 at 3:43:22 PM
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Sports-Betting Firms See State License Risk in Prediction Market
Sportsbook operators are feeling uneasy about the burgeoning prediction-based betting market. While this sector holds potential for financial gain, the looming threat of regulatory actions to revoke gambling licenses is causing hesitation among firms. This uncertainty could impact the growth of an innovative betting landscape, making it crucial for operators to navigate these challenges carefully.
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