Sports BettingGambling Insider · Jun 12
ProphetX Gets CFTC Approval to Operate Prediction Market
By Steve Bittenbender•June 12, 2026
The brief
Move from sweepstakes comes as questions remain over prediction markets and market share ProphetX is ready to transform again. The former state-licensed sports betting operator (then known as Prophet Exchange) that became a peer-to-peer sweepstakes exchange two years ago announced on Thursday it will now venture into …
Original report
Gambling Insider
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