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ProphetX and Players’ Lounge add CFTC-regulated sports prediction markets

Deals & M&A

ProphetX and Players’ Lounge announced a partnership to offer sports prediction-market contracts through Players’ Lounge in eligible US jurisdictions. The integration is available to qualified users, initially covering NFL, NBA and international football markets; trades run through ProphetX’s CFTC-regulated exchange and require identity verification.

The partnership adds federally regulated sports event contracts to Players’ Lounge for eligible users in participating US jurisdictions.

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