AGA chief Bill Miller led G2E criticism of sports event contracts as courts, Congress and the CFTC separately escalate scrutiny of the sector.
prediction markets
Kalshi's event contracts put the Dodgers at 30.4% to win it all, the latest sign the prediction market is mirroring sportsbook odds.
Flutter halted Brazilian betting after a nationwide ban, risking $70M in lost 2026 revenue days before its CEO transition takes effect.
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.
New York alleges Polymarket ran unlicensed sports wagering; the firm fired back with its own suit as US prediction-market fights multiply.
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.
FMF wants a US court to stop Kalshi from using Liga MX and club names on its prediction markets, after months of cease-and-desist letters.
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.