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Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke

Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored…

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B3 to Launch Bitcoin-Linked Prediction Contracts as Brazil Bans Polymarket and Kalshi

Brazilian stock exchange B3 is launching six “Event Contracts” today, including instruments tied to bitcoin price movements. The country’s first federally regulated prediction market comes three days after the National…

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Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests…

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Bet365, Super Group, Skycity Face Coordinated New Zealand High Court Action Over Offshore Gambling

Three separate proceedings have been filed in the High Court at Auckland against bet365, Super Group, and Skycity over online gambling operations offered to New Zealand residents. Key Takeaways: Three…

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