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

https://mighty-wiki.win/index.php/Third_Circuit_vs._Ninth_Circuit_on_Kalshi:_Why_Are_Courts_Disagreeing%3F

Sports betting and prediction markets can look alike, but their rules and payment rails differ. This explainer traces crypto’s behind-the-scenes role in funding and settling trades, and why Connecticut issued cease-and-desist orders to nine companies.