Todd got his start in financial markets as a reporter with Bloomberg News... Click for moreEven if Rush Street Interactive (NYSE: RSI) dives into prediction markets, don’t expect sports event contracts to lead the charge. Rush Street Interactive says it won’t focus on sports prediction markets. While prediction markets were a hot topic on the call, the gaming company didn’t provide specific updates on the status of its DCM filing. Rush Street Smart to Limit Sports Prediction Market ExposureShould Rush Street earnestly pursue prediction markets, the strategy of not embracing sports derivatives would likely prove prescient because those event contracts are the source of legal and regulatory scrutiny facing the industry. It’s possible that regulators in those jurisdictions won’t look favorably on operators that are engaged with sports prediction markets.