Last week, New York and Maryland became the latest states to ban employees from using prediction betting sites as more public and private employers become concerned about insider trading.
New York Governor Kathy Hochul signed an executive order on April 22 prohibiting state employees from betting on real-life events through prediction market platforms. It also prohibits employees from helping others use prediction betting to profit off events. The rule is being added to the existing code
https://www.hr-brew.com/stories/2026/05/01/new-york-and-maryland-become-latest-states-to-ban-public-workers-from-using-prediction-markets?utm_source=&utm_medium=syndication&utm_campaign=feed