Regulation· ★★★· bearish·

Google Blocks Prediction Market Ads in Fifth State as Legal Pressure Builds

  • —Connecticut became the fifth state where Google Ads prohibits prediction market advertising
  • —Nevada was excluded in January, Ohio in June, Michigan and New York in July
  • —Michigan is seeking to hold Kalshi in contempt over ads that allegedly ran after a Sept. 1 injunction
  • —A Nov. 24 hearing will address whether Kalshi violated the Michigan order
Why it matters: Google's exclusions narrow a key customer acquisition channel for prediction markets while states and the CFTC fight over jurisdiction.
Source: DeFi Rate
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