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

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: CFTC's stance on prediction markets has limited direct impact on crypto markets.