Nevada Gaming Control Board Chair Details Why Prediction Market Sports Contracts Qualify as Scams

·2h ago
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NGCB Chair Mike Dreitzer called prediction market sports contracts scams that falsely claim peer-to-peer status while exploiting casual bettors. He rejected innovation claims, citing 18+ wagering and operations violating state penal codes, with $8B+ bet on Kalshi by young users since Jan. 1. Comment…

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