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New bill introduced to ban prediction markets on political and sporting events
- New bill introduced to ban prediction markets on political and sporting events — Legislation has been introduced that would ban prediction market contracts on elections, legislation, acts of war and other government actions, as well as sporting events. Supporters frame it as restoring public trust and curbing corruption; it follows more than 20 state-filed suits against platforms like Polymarket and Kalshi. (GambleRss)
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