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Addabbo Advances New York Prediction Market Bill: ‘The Harder Thing to Do Is Regulate’

Summary by DeFi Rate
With New York’s legislative session entering its final stretch, state lawmakers are still pressing ahead with efforts to regulate prediction markets, even as parallel enforcement actions from Attorney General Letitia James and other state entities continue to unfold. New York Sen. Joseph Addabbo confirmed to DeFi Rate that he plans to bring his prediction market bill, S9414, before the Senate Racing and Gaming Committee next week, framing the ef…
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DeFi Rate broke the news on Wednesday, May 13, 2026.
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