ProphetX, Players’ Lounge Deal Tests CFTC Rules for Prediction Market Tech Providers
ProphetX has launched its first business-to-business (B2B) prediction market partnership, permitting Players’ Lounge customers to entry federally regulated sports activities occasion contracts with out leaving the aggressive video gaming platform. But Players’ Lounge is not registered with the Commodity Futures Trading Commission (CFTC) or National Futures Association (NFA) as a brokerage or different derivatives middleman….
