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Polymarket Sues Massachusetts Ahead of Looming Ban of Kalshi Sports Markets

🤖 GG AI Summary

Polymarket has filed a lawsuit against the state of Massachusetts in response to impending bans on prediction markets, which could set a precedent for similar actions in other states like Nevada. The outcome of this legal battle may significantly impact the future of prediction markets and their regulatory landscape in the U.S.

Sentiment: 35% Bearish

With temporary bans of prediction markets poised to take effect in Massachusetts and Nevada, Polymarket is asking a federal court to intervene.

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