The Trump administration proposed new federal rules for prediction markets that would create a framework to restrict some sports bets vulnerable to manipulation.
The rules would allow regulators to prohibit bets on player injuries, officiating outcomes and the first pitch in a baseball game.
Critics who wanted stricter regulations say the proposal falls short of protecting consumers from what resembles traditional gambling.
AI-generated summary was reviewed by a CNN editor.
The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact.
