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Blumenthal and Tonko Call for Prediction Market Safeguards | ChamberLight tl;dr FROM THE LEAD ARTICLE · READWRITE FROM THE LEAD ARTICLE · READWRITE. A CROSS-OUTLET SUMMARY APPEARS AT 3+ OUTLETS.
Sen. Richard Blumenthal and Rep. Paul Tonko are joining gambling-reform groups to press for federal safeguards on prediction markets and sportsbooks. Blumenthal’s S.4060 would restrict some contracts and change oversight of prediction platforms.
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