Below is a memo that outlines the case against instant racing machines. This is a great read to become more educated on the topic of instant racing machines, how they work, and how the are different from conventional horse-race betting.
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
August 12, 2026
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing