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New York City Council probing Kalshi, Polymarket and other prediction markets over marketing claims
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
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coindesk.com
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.
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cnbc.com
New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
