Polymarket Adds Responsible Gambling Tools Amid Regulatory Pressure
Prediction market platform Polymarket has introduced new safety features, including non-revocable deposit limits and self-exclusion options, alongside a partnership with Birches Health. The move follows increased regulatory scrutiny as the platform's volume has shifted heavily toward sports betting. Polymarket is currently facing a lawsuit from New York regulators regarding state gambling compliance, setting the stage for a legal battle over the regulation of prediction markets.
Summaries are written by AI from the original article. Not investment advice.