Sports betting and prediction markets may look alike, but their rules and risks...

https://lima-wiki.win/index.php/How_Do_I_Tell_If_a_Betting_App_Is_State-Licensed_or_Offshore%3F

Sports betting and prediction markets may look alike, but their rules and risks differ. This explainer traces crypto’s role in payments and settlement, and what Connecticut’s cease-and-desist orders against nine companies show about the regulatory divide.