Big Bet Takes Action to Block Prediction Markets in Brazil

Big Bet Asks Regulators to Block Prediction Markets in BrazilBetting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby argues that prediction market contracts constitute bets and should be blocked, as these platforms are unlicensed in the country. Betting Lobby Attacks Prediction Markets in Brazil Betting companies have taken action […]

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