Stein Honors Gastonia K9 Team, Signs Executive Order Regulating State Employees in Prediction Markets
Stein said the order extends the State Ethics Act as prediction markets drew $63.5 billion in trading last year, officials said.
7 Articles
7 Articles
Stein order bans state employees from prediction markets
On Wednesday, Gov. Josh Stein signed an executive order that prohibits state employees from using inside information they obtain at work to make bets on prediction markets like Kalshi or Polymarket. According to Investopedia, a prediction market is where individuals trade contracts based on the outcomes of unknown future events such as election results or sports competitions. The governor said an estimated $63.5 billion was traded in prediction …
Governor makes order on prediction markets
RALEIGH, N.C. (NCN News) — With the proliferation of “prediction markets,” where people can bet on the outcome on a wide range of events, not just sports–Governor Josh Stein has signed an executive order to ban state employees from using inside information to place bets. The order signed during an “NC Strong Update” establishes ethics guardrails by prohibiting state employees from using information they gained at work to participate in predictio…
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