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Prediction markets' $71 billion legal mess reaches US Supreme Court

Original: The $71B mess: How prediction markets became the U.S. Supreme Court’s problem

Prediction markets, now a $71 billion industry, have become a legal problem for the U.S. Supreme Court. Reporting frames the sector's rapid growth in event contracts — including sports and political wagering — as outpacing regulation, leaving questions over federal and state oversight heading toward the country's highest court.

Why now: Prediction markets have grown explosively and their regulatory status is heading toward Supreme Court scrutiny, drawing wide legal and crypto-industry attention.

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Evidence

• The $71B mess: How prediction markets became the U.S. Supreme Court’s problem · AMBCrypto

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