New York legislators are set to examine a bill that proposes banning specific types of contracts related to sports and political events. According to reports, the bill aims to regulate prediction markets within the state. The development focuses on preventing contracts linked to these areas, among others. The bill's specifics and potential impact on the prediction market landscape in New York remain to be seen as lawmakers review the proposed legislation.

New York legislators are set to examine a bill that proposes banning specific types of contracts related to sports and political events. According to reports, the bill aims to regulate prediction markets within the state. The development focuses on preventing contracts linked to these areas, among others. The bill's specifics and potential impact on the prediction market landscape in New York remain to be seen as lawmakers review the proposed legislation.