A South Carolina man is suing two online prediction markets on claims that they’re running illegal sports betting. (Image: Shutterstock)James M. Hughes, a resident of Charleston County, filed the complaint alleging that the prediction markets are offering illegal sports betting. Along with the prediction markets, Hughes’ complaint names exchanges and clearing houses, such as CME and Crypto.com, as defendants. South Carolina Code § 32-1-20 allows anyone to recover an illegal gambling loss of $50 or more. DraftKings and Polymarket will likely ask the court to dismiss the complaint because their prediction markets are federally regulated and therefore immune from the South Carolina Statute of Anne.