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Novig sues New York, seeking ruling that federal law shields its markets
- Novig sues New York, seeking ruling that federal law shields its markets — Prediction market Novig filed a preemptive lawsuit against New York, asking a federal court to declare that federal commodities law preempts state gambling laws for its event contracts. Novig says it expects an imminent New York enforcement action and cites more than $6 billion in cumulative trading volume. (DeviceDaily)
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