AGA chief Bill Miller led G2E criticism of sports event contracts as courts, Congress and the CFTC separately escalate scrutiny of the sector.
Regulation
September saw three sweepstakes platforms close while New York fined VGW $8M and Pennsylvania drafted a bill to outlaw dual-currency casinos.
A US appeals court sides with Ohio over Kalshi's sports contracts, while Brazil's president bans regulated online betting days before an election.
Two US law professors say prediction market winnings should be taxed like gambling, not investments, as trading volumes surge past $24 billion a month.
TikTok Shop has rewritten its US gambling rules three times since May, funnelling random card breaks into its in-house Surprise Sets feature.
New York alleges Polymarket ran unlicensed sports wagering; the firm fired back with its own suit as US prediction-market fights multiply.
Leaked Curaçao Gaming Authority records reveal Stake's operator got a licence in 2025 despite unresolved questions over who truly owns the company.
US regulator flags contracts tied to what public figures say or do, as NCPG calls prediction markets "functionally gambling" amid Kalshi's spreading legal battles.
Tunica-Biloxi Tribe debuts SaltTrade with Kalshi as courts hand other tribes a win and probes hit Polymarket, DraftKings.
Five major U.S. sports leagues want regulators to permanently bar bettors who threaten athletes, as prediction-market fights escalate in several states.