Sporttrade: Prediction Platform’s Struggles to Operate Under State Gambling Laws Illustrate Mismatch Between Sportsbook and Exchange Models

Published on Feb 03, 2026

Long before Kalshi was offering contracts on NFL game outcomes, a little-known platform called Sporttrade tried to win permission from state gambling regimes to bring exchange wagering to the sports-betting world. The idea was simple: To create a platform through which people could buy and sell contracts based on the outcomes of sports games, with […]

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