Prediction markets are fueling a high-stakes brawl between states and federal regulators

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Source: CNBC
Published: 2026-05-22 05:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business
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Snippet:
As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority.
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