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States are battling the federal government over prediction markets
['Here', 'Now Newsroom']
WBUR News
Earlier this week, a federal judge blocked a Minnesota state law that would have banned most prediction markets from operating and advertising in the state.
A majority of states are demanding more regulation of the billion-dollar prediction market industry, while federal regulators have sided with the companies in their lawsuits against state regulation laws.
Here & Now's Indira Lakshmanan talks with Ali Velshi, chief data reporter for MS NOW and host of "The 11th Hour with Ali Velshi," to get the latest.