NYC Council launches probe of Kalshi, Polymarket over ‘deceptive’ marketing practices

The New York City Council is investigating prediction markets Polymarket, Kalshi, Coinbase and Gemini Titan for alleged deceptive marketing and targeting underaged users. The probe into Polymarket, Kalshi, Coinbase and Gemini Titan focuses on alleged deceptive marketing practices and the targeting of minors and is the latest battle in mounting legal and regulatory fights prediction...