Group 1 - New York Attorney General Letitia James warns consumers about the risks associated with unregulated prediction markets, emphasizing the lack of consumer protections compared to regulated platforms [2] - Prediction platforms like Kalshi and Polymarket are anticipated to generate billions in trading volume during the Super Bowl, with event contracts that resemble bets [2] - Consumers can trade on game events and predetermined outcomes, similar to online sportsbooks such as DraftKings or FanDuel [3]