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Prediction markets are fueling a high-stakes brawl between states and federal regulators
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- As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country.
- Sixteen states are involved in legal proceedings against prediction market platform companies, while one state has moved to ban them entirely.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop the state actions and assert its regulatory authority.
Sixteen states are involved in legal proceedings against prediction market platform companies, while one state has moved to ban them entirely.
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