New York can restrict sports gambling on prediction markets, US judge rules
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A US judge ruled that New York can restrict sports gambling on prediction markets, upholding the state's authority to regulate such activities. The decision allows New York to block platforms like Kalshi and Polymarket from offering event-based contracts on sports outcomes, treating them as illegal gambling under state law.
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A US judge ruled that New York can restrict sports gambling on prediction markets, upholding the state's authority to regulate such activities. The decision allows New York to block platforms like Kalshi and Polymarket from offering event-based contracts on sports outcomes, treating them as illegal gambling under state law.
A US judge ruled that New York can restrict sports gambling on prediction markets, upholding the state's authority to regulate such activities. The decision allows New York to block platforms like Kalshi and Polymarket from offering event-based contracts on sports outcomes, treating them as illegal gambling under state law.