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Tennessee Demands That Polymarket, Kalshi and Crypto.com End Sports Prediction Markets – Decrypt
In brief Tennessee ordered Polymarket, Kalshi, and Crypto.com to shut down sports prediction markets and refund wagers. The companies have previously said that states lack authority to do so, claiming the markets are federally regulated. The escalating legal clash is poised to eventually head to the Supreme Court. Tennessee’s sports betting regulator has ordered prediction...
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