Crypto.com no longer offers its prediction market or sports event contracts in Arizona, having pulled sport event contracts from the state on Tuesday, Dec. 2, and the rest of its prediction markets on Friday, Dec. 12, according to a Crypto.com.
Additionally, a Crypto.com spokesperson reported to Sports Betting Dime it no longer offers sport event contracts in Michigan, Maryland, Massachusetts, Illinois, New Jersey, Nevada, and Ohio. It also does not service New York in any way.
Each of these states have taken umbrage with prediction market companies for their sport event contracts, equating them to illegal sports betting.
Each of the nine states where Crypto.com no longer offers sport event contracts have either issued cease-and-desist notices to companies for sport event contracts or are currently embroiled in lawsuits involving prediction markets.
