Caesars Entertainment told analysts it is monitoring sports prediction markets and would consider participating if a legal route emerges without putting its state gaming licences at risk. President Eric Hession and chief executive Tom Reeg said the company would wait for regulatory clarity before acting.
Caesars’ position signals that any entry depends on a lawful route that preserves its state gaming licences.
Quarter ended 30 September 2026
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The US Senate Banking Committee passed the Clarity Act on Thursday, sending the digital-assets bill to the full Senate for further debate. The proposal would assign additional oversight duties to the Commodity Futures Trading Commission, which regulates prediction markets, according to the report.
It was reported that NASPL asked lawmakers and regulators to clarify their approach to sports-related event contracts. The lottery association’s statement joins the US debate over prediction markets.
The US Securities and Exchange Commission has reportedly delayed the planned launches of more than two dozen prediction-market ETFs while seeking further information on their operations and risk disclosures. Some funds were due to launch in May, including six Roundhill election ETFs; the source says the delay does not rule out later launches.
Crypto.com announced the launch of OG, a prediction-market platform offering contracts across sports, finance, politics, entertainment and cultural trends. The company said its planned margin trading on prediction contracts is subject to Commodity Futures Trading Commission certification. Crypto.com also named its chief legal officer, Nick Lundgren, as OG’s CEO.
Betr is preparing to launch Betr Predictions, according to a report that said the company had not publicly confirmed its plans. The platform’s application to the National Futures Association to become an introducing broker and swap firm was pending; the report said CEO Joey Levy was listed as its chief executive.