But we actually have prediction markets that have been, you know, promoting this extensively publicly, that this is an alternative to sports book. This is gambling at the end of the day. And This flies in the face of states rights for states that have clearly said we do not want gaming, we do not want sports booking in our states. And I will just end it with this. Thank you very much for letting me weave onto this committee. Quite frankly, this is regulatory arbitrage. It's just creating a double standard. (04:12–04:21)
CLAIM
Asserts that prediction markets challenge states' rights where gaming and sports betting are prohibited.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
