CFTC-regulated prediction venues now compete directly with state-licensed sportsbooks, offering national reach, exchange-style pricing and a lighter federal compliance regime. This feature maps the legal split (federal pre-emption vs state police powers), details operator strategies (fight, partner, or own the rails), unpacks the infrastructure (clearing, custody, oracles), and converts regulatory milestones into an actionable trigger matrix. It sets a minimum controls parity

Luxembourg is preparing a bill that would centralise online gambling and gaming machines under a state-controlled model. The National Lottery would lead the offer, and the authorised land-based casino could receive an online licence once geoblocking and player-protection systems are proven. The government frames the move as a response to rising harm indicators, and as a way to shut down grey devices in cafés. This runs against Europe’s multi-licensing drift, so the proposal w

When odds and promos converge, the last moat is comprehension. The operators who compress time‑to‑confidence, not time‑to‑click, will own intent, trust, and margin. If odds and promos are commodities, what exactly are you competing on? Here’s the uncomfortable answer: time to confidence. Not time to click. Not time to bet. The operators that turn a visitor’s half‑formed intent into “I know what I’m doing and why” will own the only durable spread left in a market where prices