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AOC draws parallel between prediction markets and Big Tobacco, floats advertising ban

Summary by Business Insider
"I think there's a lot of things that we can learn from regulation of the tobacco industry that we can apply here," Ocasio-Cortez said of prediction markets.Annette Riedl/picture alliance via Getty ImagesAOC wants to crack down on the growing prediction market industry.She has a particular parallel in mind: the fight against Big Tobacco."There's a lot of things that we can learn from regulation of the tobacco industry," she said.When it comes to…

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Business Insider broke the news in United States on Thursday, March 26, 2026.
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