New York City Council investigating prediction markets' marketing practices
- The New York City Council announced Wednesday that it is investigating four prediction markets for alleged “predatory marketing practices” targeting young people.
- Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan on Monday, requesting more information about their advertising in New York City.
- In a statement shared by her office on...
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- The New York City Council announced Wednesday that it is investigating four prediction markets for alleged “predatory marketing practices” targeting young people.
- Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan on Monday, requesting more information about their advertising in New York City.
- In a statement shared by her office on...
Sources: The Hill