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Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making

A bipartisan Pennsylvania bill would impose insider-trading rules and consumer protections on prediction markets while blocking gambling companies from supplying their liquidity. The restriction could disrupt market-making strategies pursued by…

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Crypto.com Prediction Exchange Seeks Federal Shield Ahead of Washington Crackdown

The Crypto.com-affiliated exchange behind OG has sued Washington officials before the state takes enforcement action against its prediction markets. The complaint argues that federal commodities law protects OG from state…

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