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Connecticut DCP orders nine prediction platforms to halt sports contracts

By SectorWire desk ·

Summary

Connecticut's Department of Consumer Protection issued cease-and-desist orders to nine prediction market platforms over sports event contracts offered to residents on 23 September. The platforms include Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini and Underdog Predict.

Why it matters

Nine prediction market platforms face Connecticut cease-and-desist orders over sports event contracts offered to residents.

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