New York state reintroduces bill to regulate prediction markets… "Seeks to ban political and single-game betting"
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Summary
- It reported that a bill has been introduced in New York state to tighten regulation of prediction markets.
- It said the New York State Legislature reintroduced a bill banning “single-game” and “political betting.”
- The bill is reported to allow betting on overall league outcomes.
A bill has been introduced in New York state to tighten regulation of prediction markets.
According to Cointelegraph, a cryptocurrency-focused media outlet, on the 9th (Korea time), the New York State Legislature reintroduced a bill centered on banning “single-game and political betting.”
However, the bill is reported to allow betting on overall league outcomes.
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