Circa Sports executive discusses contests, Missouri launch and prediction markets
Circa Sports chief executive Derek Stevens said the company’s three football contests drew more than $31 million in entries. Stevens said Circa had secured one of Missouri’s two untethered mobile licences and described the state as its sixth market, with a launch approaching. He also voiced concerns about prediction markets operating without fees, taxes or measures addressing problem gambling.
The Missouri launch would expand Circa Sports’ state footprint, while Stevens’ comments set out the company’s view of prediction-market oversight.