US Rep. Ro Khanna is urging federal lawmakers to prohibit sports prediction markets, and he argues that the platforms operate as sports betting under another name while they sidestep state gambling laws and consumer protections.
“Sports prediction markets are sports betting disguised as financial trading. They flout state and tribal gambling laws, siphon state tax revenues, fuel addiction, and expose…
Rep. Ro Khanna calls on Congress to ban sports prediction markets, citing state law and addiction concerns
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