Michigan Warns Sportsbooks as States Crack Down on Prediction Markets
Michigan has become the latest state to caution sportsbook operators about entering the growing but controversial world of prediction markets. The Michigan Gaming Control Board (MGCB) issued a memo last week warning licensed gaming operators that their state licenses could be in jeopardy if they participate in offering sports event contracts. The memo (pdf), published […]
Michigan has become the latest state to caution sportsbook operators about entering the growing but controversial world of prediction markets. The Michigan Gaming Control Board (MGCB) issued a memo last week warning licensed gaming operators that their state licenses could be in jeopardy if they participate in offering sports event contracts. The memo (pdf), published […]
