Detroit set to enter Michigan‘s battle against Coinbase prediction markets

What: Detroit is set to enter Michigan's battle against Coinbase prediction markets, filing an amicus brief in Coinbase's lawsuit against the state of Michigan.
Why: The move aims to protect the city's interests in the emerging market, which some see as a threat to local gaming laws.
Signal: This development suggests that Detroit is taking a proactive stance in regulating the prediction market industry.
Target: The brief is expected to focus on the potential impact of prediction markets on the city's gaming laws and regulations.
Risk: If successful, the brief could set a precedent for other cities to challenge the expansion of prediction markets.