Tennessee orders Kalshi, Polymarket and Crypto.com to cease sports betting contracts
Tennessee has ordered Kalshi, Polymarket, and Crypto.com to cease their sports betting contracts, citing violations of state regulations. The Tennessee Education Lottery Corporation issued the cease-and-desist orders, emphasizing that these platforms were not authorized to offer sports betting in the state. The decision reflects ongoing scrutiny of online betting platforms and their compliance with local laws. Affected companies are expected to respond and may seek to clarify their operations in light of the ruling.
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