Hong Kong suspends the legalization of basketball betting and studies the impact and compliance issues of prediction markets
Hong Kong has suspended the legalization of basketball betting this week, while also planning to launch a study to assess the impact of prediction markets in Hong Kong and their level of adoption. Macie Mak, Commissioner for Home and Youth Affairs in Hong Kong, said that the monthly trading volume of prediction markets has grown from less than $100 million two years ago to more than $13 billion last year, with about 40% related to sports.
MarketWhisper·04-17 06:02


