Sports bets and prediction-market contracts can look alike, but face different...

https://xeon-wiki.win/index.php/How_Do_Cease-and-Desist_Orders_Work_for_Online_Gambling_and_Prediction_Markets%3F

Sports bets and prediction-market contracts can look alike, but face different rules and risks. This explainer tracks crypto’s behind-the-scenes role in funding and settlement, and why Connecticut sent cease-and-desist orders to nine companies.