A recent report from Decrypt highlights a rising apprehension among government regulators and legal experts concerning the potential for insider trading to proliferate within professional sports. This concern stems from the increasing migration of traditional wagers towards prediction markets. The article suggests that while prediction markets offer new avenues for betting and forecasting, they also present unique challenges in terms of oversight and the prevention of illicit activities. The core debate revolves around whether these markets can be adequately regulated to prevent information asymmetry from being exploited, potentially leading to widespread insider trading scandals.