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BetMGM chief calls prediction market sports operators unregulated and illegal on earnings call

  • BetMGM chief calls prediction market sports operators unregulated and illegal on earnings call — BetMGM CEO Adam Greenblatt told the company's third-quarter earnings call on October 13 that prediction markets are intensifying competition from unregulated and illegal sports betting operators. BetMGM said it is emphasizing iGaming and de-prioritizing online sports betting in markets served only by sports betting. (CDC Gaming)

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