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    Meet the invisible sportsbook powering the prediction market boom

    Meet the invisible sportsbook powering the prediction market boom

    The growth of prediction markets is increasingly being driven by professional firms that act as 'invisible sportsbooks', providing liquidity, pricing, and taking the opposite side of retail trades. While these platforms promise peer-to-peer betting, sophisticated operators are essential to their functionality and growth. This reveals a significant operational model within an emerging betting segment.

    Summary based on reporting by iGaming Business, which retains all rights to its text and images.

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    Casino Pauma opens sportsbook on California tribal reservation

    Casino Pauma opens sportsbook on California tribal reservation

    Casino Pauma has launched a retail sportsbook on the Pauma Indian Reservation in California, permitting guests aged 18 and older to place wagers via self-service kiosks. The opening ceremony featured Pauma Band of Luiseño Indians leadership and former NFL player Shawne Merriman, who placed the venue's first bet. The facility introduces on-reservation sports betting within the state's tribal gaming landscape.