Former New Jersey Gov. Chris Christie launched a forceful critique of sports prediction markets in a interview with CNBC’s Contessa Brewer. He branded the markets as illegal, harmful to consumer protections, and a threat to the integrity of sports.
Christie played a pivotal role in overturning the federal ban on New Jersey sportsbooks and now serves as a strategic adviser to the American Gaming Association.
Christie used the platform to air his concerns about the rapid expansion of prediction market contracts tied to future sporting outcomes. “These markets are, bottom line, against the law, and they need to be stopped. They’re illegal. You can’t bet on sports outside of the state structures.”
