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BetMGM CEO Calls CFTC Casino Moves ‘Cosmetics’, Expects States to Win

News.Bitcoin.com
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BetMGM CEO Calls CFTC Casino Moves ‘Cosmetics’, Expects States to Win

BetMGM CEO Adam Greenblatt said on Tuesday that the CFTC’s latest moves to keep casino-style products out of its remit have not removed the risk from prediction markets, calling what is happening “cosmetics in pursuit of survival.” He expects the Supreme Court to side with the states. A Rule That Can Be Undone On […]

Key Takeaways

  1. BetMGM CEO Adam Greenblatt said on Tuesday that the CFTC’s latest moves to keep casino-style products out of its remit have not removed the risk from prediction markets, calling what is happening “cosmetics in pursuit of survival.” He expects the Supreme Court to side with the states.
  2. A Rule That Can Be Undone On […]
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.