Prediction Markets Should Be Taxed as Gambling, NYU Experts Say
As federal appeals courts reach conflicting decisions about whether sports event contracts traded on prediction market platforms can be regulated under states’ gambling laws, a group of experts at NYU School of Law’s Tax Law Center says these contracts should face the same federal tax rules that apply to sports gambling. The study, “Are Sports […]
We haven't written up this one. Sportico has the full story — the link below goes straight to it.
