The latest clash between prediction market platforms and state legislatures has less to do with any intentional violation of the law and more to do with a debate over a fundamental question: are these federally regulated markets, or gambling...
Legislation
1 min read
The Legal Battle Over Prediction Markets Isn’t Just About Gambling Law
|
Originally reported by
PokerNews
This story was originally reported by
PokerNews
RakebackHQ Take
When a new regulated market launches, the first-mover rooms typically offer aggressive welcome bonuses — but then settle into modest 5-15% effective rakeback under state licensing constraints. Offshore alternatives (GGPoker, ACR, CoinPoker) consistently return 15-80% with no geographic restrictions for US players in unregulated states. Compare structures in our room reviews.
