Connecticut Targets Nine Prediction Markets Over Sports Bets
Connecticut has ordered nine prediction market companies to stop offering sports event contracts to residents as state officials increase enforcement against platforms they consider unlicensed sports betting operations. The Connecticut Department of Consumer Protection (DCP) issued cease-and-desist orders to Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini and Underdog Predict. The department instructed each company to immediately stop advertising, promoting or making sports event contracts or other forms of unlicensed online gambling available to people in Connecticut. The orders also […] The post Connecticut Targets Nine Prediction Markets Over Sports Bets appeared first on World Casino News.
Connecticut has ordered nine prediction market companies to stop offering sports event contracts to residents as state officials increase enforcement against platforms they consider unlicensed sports betting operations. The Connecticut Department of Consumer Protection (DCP) issued cease-and-desist orders to Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini and Underdog Predict. The department instructed each company to immediately stop advertising, promoting or making sports event contracts or other forms of unlicensed online gambling available to people in Connecticut. The orders also […]
The post Connecticut Targets Nine Prediction Markets Over Sports Bets appeared first on World Casino News.
