Sports bets and prediction-market contracts can look similar, but the rules and...

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 can look similar, but the rules and risks differ. This explainer unpacks crypto’s role behind the scenes, from payments to settlement, and why Connecticut sent cease-and-desist orders to nine companies.