IGA and AGA coordinate opposition to sports prediction markets in the US
The Indian Gaming Association and American Gaming Association are coordinating opposition to sports-related prediction markets at federal and state levels, reportedly working with attorneys general, lawmakers and industry representatives. The groups argue that the platforms could challenge state authority and divert revenue from regulated betting; state lawsuits and congressional discussions are also under way.
Operators and regulators face coordinated industry opposition and legal challenges over how sports prediction markets are regulated.