News Summary

• Prediction-market operators cannot advertise through Google Ads to residents of Connecticut, Michigan, Nevada, New York or Ohio.
• The five-state list creates an advertising barrier even as the underlying legal questions remain unsettled.
• Google’s restrictions do not decide whether a state can regulate a contract; they determine where an eligible provider can buy ads through the platform.
• Of respondents who used a yes-or-no exchange in the past year, 70% traded sports-event contracts, compared with 36% who traded economic or financial outcomes.