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NEW: State lawmakers and gaming regulators across the US are escalating their fight against prediction markets. The row escalated this week as the CFTC said it filed a friend-of-the-court brief defending it's “exclusive jurisdiction” over the markets. www.theguardian.com/business/202...
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Surging prediction markets face legal backlash in US: ‘Lines have been blurred’
At least 20 federal suits filed against companies like Kalshi and Polymarket as lawmakers call it ‘loophole’ for gambling
www.theguardian.com
Anna Betts