US EditionNew York AG issues warning around prediction markets ahead of Super Bowl
New York Attorney General warns that unregulated prediction markets lack consumer protections and may involve insider betting, with billions in expected Super Bowl trading volume.
5 Articles
5 Articles
New York State Attorney General James Warns New Yorkers Of Potential Harms Of Sports Betting & Prediction Markets
New York Attorney General Letitia James today issued a consumer alert warning New Yorkers of the risks posed by prediction markets, online platforms offering bets masquerading as “event contracts” on the outcomes of political elections, sporting events, or other future events. These platforms operate without consumer protection and without the supervision of the New York Gaming Commission, putting New Yorkers at significant financial risk. Attor…
The Attorney General of New York, Letitia James, alerted this Monday about the risks of predictive markets and online platforms that offer bets "disguised as contracts linked to the outcome of an event", either on elections, sporting events or other future events. In a statement released before the celebration of [...] The New York Fiscal Entry alerts to the risk of predictive markets prior to Super Bowl was first published in Information Focus.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
