The Crisis Files
What's the difference between sports betting and prediction markets? That's what host Roshini Rajumar asked attorney Aalok Sharma, who has specialties in gaming, sports and hospitality. As chair of Stinson's gaming group, he sees all the issues in this fast-growing field of high-stakes and regulation. They dive into why sports books care about your bets but prediction markets don't. They also cover the real downside--gambling addictions. Find out how laws around the United States try to balance the public need for control with market efforts to increase profits. Forty US states have some sort of legal gambling. Aalok says prediction markets are the next seismic shift. And, they're here now.
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