POLITICSCNBC TOP
New York City Council announces probe into prediction market platforms’ marketing strategies
The New York City Council has announced a probe into the marketing strategies employed by prediction market platforms. Speaking through letters to four such platforms, City Council Speaker Julie Menin noted that the council is actively considering new legislation to address these concerns.
Mentioned
Related Signal
Adjacent reporting
- Lawmakers call for probe of prediction market platform over ad campaign
- Prediction markets ramp up DC messaging amid lawmaker pushback
- Empire State Weekly: Prediction market regulations
- Bernstein says prediction-market infrastructure rush could spark wave of M&A across consumer platforms
- ‘We’re concerned’: US-based prediction markets taking bets on Australian elections and Albanese’s word choices