By SectorWire desk · · Updated
The AGA, tribal leaders and casino groups criticised prediction markets at the Global Gaming Expo in Las Vegas. Prediction markets dominated discussion at the event, held at the Venetian Expo.
Prediction market operators face criticism from the AGA, tribal leaders and casino groups at a major gaming industry event.
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The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
The donation supports ICRG’s funding of independent research into gambling disorder and responsible gambling practices.
Texas legislators heard calls for litigation against prediction markets alongside Kalshi’s warnings about offshore alternatives.
Regulated operators face reported constraints on United States NFL betting growth from prediction markets.
AGA expects legal NFL wagering to remain near last year’s level, with prediction markets constraining growth.
The AGA’s forecast signals flat legal NFL wagering, attributing stalled growth to prediction markets competing with sportsbooks.