Prediction markets threaten tribal sovereignty and critical funding, lawmakers hear
Lawmakers were told that prediction markets threaten tribal sovereignty and state gambling regulations. These platforms may also jeopardize funding for essential services.
Prediction markets – online platforms where users earn or lose money by predicting outcomes of real-world events, from sports games to elections and economic indicators like inflation reports – are threatening the ability of tribes and states to decide how gambling works within their own borders, along with funding for essential services, a panel told […]
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