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MGM and Caesars rule out entering prediction markets over license risk
- MGM and Caesars rule out entering prediction markets over license risk — MGM Resorts and Caesars Entertainment have publicly ruled out entering prediction markets, citing the risk to their casino gaming licenses. The decision leaves near-term expansion in the sector concentrated among sportsbook and crypto-native operators such as DraftKings, FanDuel, Kalshi and Polymarket. (WeeBet)
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