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

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

Sports bets and prediction-market contracts may look alike, but they face different rules. This explainer shows where crypto fits behind the scenes, from funding to settlement, and why Connecticut sent cease-and-desist orders to nine companies.