BetMGM executive calls for enforcement against prediction-market platforms
BetMGM responsible gambling director Richard Taylor urged industry stakeholders at SBC Summit Canada to pursue enforcement against prediction-market platforms, saying regulated gambling operators do not compete under equal rules. He contrasted state-regulated betting operators with platforms such as Polymarket and Kalshi, which the source says are regulated federally by the CFTC; other speakers also raised concerns about young people’s exposure to such platforms.
BetMGM’s position adds to industry debate over how prediction markets should be regulated alongside state-licensed betting.