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Connecticut orders nine prediction market companies to stop unlicensed sports betting
By The Weekly Edge desk ·
Summary
Connecticut’s Department of Consumer Protection issued nine cease-and-desist orders against prediction market companies, reported by Online Poker Report. The department alleges that the companies offer sports betting without state licences and ordered them to stop making sports event contracts available to Connecticut residents.
Why it matters
The orders require nine prediction market companies to stop offering sports event contracts to Connecticut residents.