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Indian Gaming Association urges Congress to restrict prediction-market gambling

Regulation

The Indian Gaming Association held its 2026 Summer Legislative Summit in Washington and urged Congress to amend the CLARITY Act to bar sports and casino-style gambling through prediction markets. The association said the changes should preserve tribal, state and federal gaming laws; California tribal leaders also said they are preparing an online sports betting initiative for a 2028 vote.

The proposed amendment could affect prediction-market operators and the regulatory protections sought by tribal gaming interests.

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Pentagon restricts military prediction market trading as Congress widens VIP inquiry

The Pentagon issued a directive barring military personnel from trading on prediction markets using nonpublic information. Defence Secretary Pete Hegseth warned that such trades could compromise national security and expose service members to disciplinary action or prosecution. Lawmakers also sent letters to BetMGM, Caesars, DraftKings, Fanatics, Kalshi and Polymarket expanding an inquiry into VIP programmes.

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