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Nevada Gaming chair challenges CFTC on prediction markets

Nevada Gaming chair challenges CFTC on prediction markets

Photo: Focus Gaming News

Mike Dreitzer also questions whether retail users trade against peers, noting hedge funds and affiliated firms can take the other side. U.S.- Nevada Gaming Control Board Chairman Mike Dreitzer has again challenged the CFTC’s argument that prediction markets should be treated differently from sportsbooks, saying contracts tied to sports results function like conventional bets. Speaking...

Also reported by SCCG Management.

Source: Focus Gaming News

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