A new bipartisan bill could redraw the line between federally regulated prediction markets and state-controlled sports betting, with real consequences for operators and players alike. Congress Takes Aim at Sports Event Contracts A bipartisan pair of U.S. senators is preparing legislation to stop prediction market platforms from offering contracts tied to sports and certain casino-style […]
Prediction Markets
bet365 Leaves AGA as Prediction Markets Split Deepens
Bet365’s exit adds one more crack to a trade group that now looks far more aligned with retail casinos, tribal gaming, and state control than with digital operators chasing new betting-style products. Another Big Sportsbook Walks Away bet365 has become the latest major gambling brand to leave the American Gaming Association, following DraftKings, FanDuel, and […]
FanDuel Faces Tribal Backlash Over California Prediction Markets
Tensions flare as FanDuel quietly pushes into unregulated gaming territory, drawing sharp criticism from California’s tribal leaders. Tribal Leaders Call Foul on FanDuel The California Nations Indian Gaming Association is accusing FanDuel of sidestepping the law and threatening tribal sovereignty with its latest foray into prediction markets. “These platforms seek to bypass California law and […]
Most Americans Say Prediction Markets Are Gambling — And Want Them Regulated Like Sportsbooks
Survey shows strong support for state oversight and tighter controls on betting-style platforms A new national survey from the American Gaming Association (AGA) confirms what many players already think: if you’re staking money on the outcome of a game, it’s gambling — no matter what the platform calls it. Prediction markets let users place real-money […]
