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New York Gaming Commission warns residents about prediction markets and sweepstakes casinos

Regulation

The New York State Gaming Commission launched its “Avoid Risky Bets” campaign warning residents about offshore gambling sites, prediction markets and sweepstakes-style casinos, which it says are illegal in the state. The commission said these platforms can lack consumer safeguards and urged residents to report suspected illegal gambling to state authorities.

The warning clarifies which online gambling products the commission considers unlawful in New York.

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