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ProphetX and Players' Lounge partner to launch CFTC-regulated sports prediction markets for competitive gamers, PR Newswire reports

  • ProphetX and Players' Lounge partner to launch CFTC-regulated sports prediction markets for competitive gamers, PR Newswire reports — ProphetX, a CFTC-designated contract market built for sports prediction markets, and skill-based gaming platform Players' Lounge said they have integrated ProphetX's exchange into the Players' Lounge ecosystem. Users can trade event contracts on NFL results, NBA player props, tournament brackets and championship futures, with prices set by buyers and sellers on the regulated exchange rather than by a house. (PR Newswire)

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