Sports betting and prediction markets can look alike, but the rules and risks...

https://www.thecoinrepublic.com/2026/09/24/sports-bettings-three-way-legal-battle-crypto-quietly-maneuvers-between-the-lines/

Sports betting and prediction markets can look alike, but the rules and risks differ. This explainer examines where crypto fits behind the scenes, from payments to settlement, and what Connecticut’s cease-and-desist orders against nine companies reveal.