NEW YORK LAWMAKERS MOVE TO RESTRICT PREDICTION MARKET BETTING



New York lawmakers have reintroduced a bill aimed at tightening rules on prediction markets.

The proposal seeks to ban contract-based betting on specific sports events and political outcomes, while still allowing bets on league-wide or season-long results. The move reflects growing regulatory scrutiny over prediction platforms and could reshape how these markets design products and manage compliance.

#prediction #cryptonews
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