CNBC's Contessa Brewer reports on the growing interest in gambling.
BreakdownGenerated by LeadStory AI
- Sweepstakes gaming is expanding, allowing real-money play in casino-style games and sports wagering. 23s
- Over a dozen states have issued cease and desist letters, with six banning sweepstakes gaming and eleven proposing bans. 34s
- California advanced a bill to ban sweepstakes gaming and its attorney general called daily fantasy sports illegal gambling, though this is disputed. 51s
- Prediction markets are under legal review, with companies claiming federal oversight exempts them from state gambling laws. 1m 33s
- Major sports leagues and the American Gaming Association warn that unregulated prediction markets could harm consumers and sports integrity. 2m 35s