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

https://casinocrowd.com/what-are-event-contracts-and-are-they-just-sports-bets/

Sports betting and prediction markets can look alike, but the rules and risks differ. This explainer unpacks crypto’s behind-the-scenes role and what Connecticut’s cease-and-desist orders against nine companies reveal about a fast-changing market.