Legal experts in Hong Kong believe that a ban on prediction markets would not fully address the risks associated with these platforms. They anticipate significant challenges for law enforcement in gathering evidence and prosecuting individuals who use these largely unregulated, overseas-based betting sites. These markets allow users to trade on future events, with major platforms like Polymarket and Kalshi facilitating billions of dollars in trades. AI
RANK_REASON Article discusses legal opinions and expert commentary on the effectiveness of a potential ban on prediction markets.
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