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CFTC warns prediction markets against displaying prices as American-style gambling odds
- CFTC warns prediction markets against displaying prices as American-style gambling odds — The CFTC warned licensed prediction markets to stop displaying event contract prices as traditional American-style gambling odds, saying contracts must be shown as cent-denominated prices and implied probabilities. The agency said using sportsbook notation such as moneylines and spreads blurs the distinction between a regulated financial exchange and a sportsbook. (Action Network)
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