Why State Regulation Breaks the Prediction Market Exchange Model
Key Takeaways ▸ Core options like shared liquidity, market makers, and order books are restricted or outright prohibited below state playing laws. ▸ GGR-based taxes and fragmented licensing create prices that exceed exchange-level margins. ▸ Operators are shifting towards CFTC-regulated fashions the place alternate infrastructure can truly operate, out of necessity. The courts are cut…
