Crypto Scenario Insights
What happened
US gaming industry groups are lobbying the Senate to ban sports and casino-style prediction markets within upcoming crypto market structure legislation.
What we think
The most likely outcome is a neutral-to-bearish legislative delay (55% probability), where intense lobbying by traditional gaming groups complicates the passage of the crypto market structure bill and results in restrict…
Read the analysis
Will Casino Lobbying Stall Crypto Prediction Markets? Assessing the Senate Bill Threat
We explain what happened and what could follow. We do not forecast prices.