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#NewYork

196 storiesnewest firstlatest August 13, 2026page 5 of 10

  1. NYC Council Probes Regulation of Prediction Market Ads

    The New York City Council, led by Speaker Julie Menin, launched an investigation on August 12, 2026 to determine if city law can regulate advertising by prediction‑market platforms like Polymarket and Kalshi. The probe seeks to assess legal options for restricting promotional practices while acknowledging the council cannot ban the markets themselves.

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