Gaming Industry Advocates Push for Ban on Sports Prediction Markets in Crypto Legislation
In a recent report, US gaming industry groups have urged Congress to prohibit sports and casino-style prediction markets as part of a forthcoming crypto market structure bill.
Editorial Staff
1 min read
Updated about 14 hours ago
US gaming industry groups are advocating for a ban on sports and casino-style prediction markets within a proposed crypto market structure bill.
This call to action was reported by Semafor, highlighting the industry's concerns regarding the regulation of these markets.
The outcome of this push could significantly impact the future of sports betting and prediction markets in the evolving landscape of cryptocurrency legislation.