44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
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Source: CNBC
Published: 2026-07-29 04:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Economy & Finance, Financial Markets, Commodities, Business & Economy
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Snippet:
A coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn't have the power to regulate sports-related event contracts on prediction market platforms.
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