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North Carolina governor bars state employees from using work information on prediction markets

Regulation

North Carolina Governor Josh Stein has signed an executive order restricting state employees’ participation in prediction markets using information or resources connected to their jobs. The order also bars employees from helping others place such bets or allowing bets to affect their official duties. Violations may lead to employment discipline or referral to the State Ethics Commission or law enforcement.

State employees and prediction-market operators face new restrictions on work-related information, resources and betting activity in North Carolina.

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