Connecticut orders nine prediction markets to halt sports event contracts
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Connecticut has ordered nine prediction market platforms to stop offering sports event contracts to residents as the state broadens its enforcement against what it considers illegal, unlicensed sports betting. The Department of Consumer Protection issued cease-and-desist orders to Polymarket, Coinb…
Connecticut has ordered nine prediction market platforms to stop offering sports event contracts to residents as the state broadens its enforcement against what it considers illegal, unlicensed sports betting. The Department of Consumer Protection issued cease-and-desist orders to Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini, and Underdog Predict. The companies were...