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New York State Assemblyman Proposes Legislation to Ban Betting on Sports and Political Events in Prediction Markets

Summary: In breaking news, New York State Assemblyman has reintroduced a bill aimed at prohibiting contracts betting on sports and political events in prediction markets, while allowing betting on league outcomes.

In breaking news, New York State Assemblyman has reintroduced a bill aimed at prohibiting contracts betting on sports and political events in prediction markets, while allowing betting on league outcomes.

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Link: New York State Assemblyman Proposes Legislation to Ban Betting on Sports and Political Events in Prediction Markets [Copy]

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