Tag: Prediction markets
AGA, IGA argue harm from sports betting prediction markets in testimony to Congress
The chair of the Indian Gaming Association and a senior executive of the American Gaming Association told a congressional panel Tuesday... more
President of national gaming lawmakers’ group says it’s time to up the fight against prediction markets
The president of the National Council of Legislators from Gaming States (NCLGS) told tribal leaders Wednesday it’s time to go on offense to... more
Sportsbook execs rail against prediction markets to Nevada regulators
With Nevada sports wagering volume down $249 million so far in 2026, a veteran bookmaker Wednesday railed against prediction markets for... more
Former CFTC head tells tribal leaders Dodd-Frank Act was never about sports betting
A former chair of the SEC and Commodity Futures Trading Commission told tribal gaming leaders that it’s incomprehensible Congress and... more
Kentucky: Coalition sues to block state’s new 14.25% prediction markets tax
FRANKFORT, Ky. (AP) — A coalition that includes Kalshi, Crypto.com and Polymarket filed a lawsuit Friday challenging Kentucky’s... more
Nevada Gaming Control Board asks state court to hold Kalshi in contempt
Arguing Kalshi is taking hundreds of millions of dollars in wagers on the World Cup and the NBA and Stanley Cup finals, the Nevada Gaming... more
SBC Americas: Prediction markets are omnipresent, but not all agree they’re valid
The Commodities Futures Trading Commission June 10 issued a 267-page document that paves the way for companies such as Kalshi and... more
Indian Gaming Association leaders rebuke CFTC over proposed rules legalizing prediction markets
The chairman of the Indian Gaming Association said the federal agency overseeing prediction market operators is spitting in the face of... more
SBC Americas: Prediction markets seem inevitable, panelists say
In one of the first sessions of the first day of SBC Summit Americas, the topic that’s dominated the gaming industry for the last year came... more
Unite Here endorses Senate bill that would put brakes on prediction markets
The 300,000-member service union Unite Here has voiced its support for a U.S. Senate bill that would curb prediction markets. The stance... more
