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

https://delta-wiki.win/index.php/What_Does_the_Ninth_Circuit_Decision_Mean_for_Other_States_Watching_Nevada%3F

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