Episode
South Carolina Targets Prediction Markets | Charleston News
- Published
- Jul 30, 2026
- Duration seconds
- 98
- Processing state
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- https://sources.thednn.ai/f76be128b99ca052
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Summary
A bold new lawsuit in South Carolina is targeting DraftKings and Polymarket, claiming their prediction markets violate state gambling bans by disguising sports bets as financial contracts. Fueled by an old colonial law, plaintiff James Hughes seeks triple damages, platform transparency, and a ban on operations in the state — arguing federal regulation doesn’t override state law. With similar lawsuits brewing across the country and potential Supreme Court implications, this legal battle could redefine how states regulate the booming world of prediction markets. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/f76be128b99ca052