Champions League betting odds, prediction, pick
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Prediction market platforms continue to push into the sports world. The NBA All-Star weekend in Los Angeles included a technology summit on Friday that included Polymarket (POLYMARKET) CEO Shayne Coplan,
Prediction markets are overseen by the Commodity Futures Trading Commission, while sports gambling falls under the jurisdiction of state governments. According to the American Gaming Association, a trade group that represents casinos and sportsbooks, 39 states and the District of Columbia have at least some form of legalized sports betting.
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Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.
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Kalshi and Polymarket Are Eating Sports Gambling
The Trump administration says prediction markets are something different. Do their users agree?
Outside of the matchup with the USA, Canada has allowed just two goals through four games. They are giving up very little and should have no trouble slowing down a Swiss team that has scored six times in five Olympic contests and generated just six shots in their previous meeting.
MLB argues that partnering with prediction markets will give it greater knowledge of potential sports betting weak spots.
The National Collegiate Athletic Association (NCAA) has asked the U.S. Commodity Futures Trading Commission (CFTC) to suspend college sports-related prediction markets, arguing they replicate sports betting without the protections required of licensed ...
Sports predictions are the target of a federal bill seeking to prohibit platforms like Kalshi from skirting state sports betting laws.