MGCB warns prediction-market activity could affect licensees’ Michigan licences
Michigan’s Gaming Control Board (MGCB) warned licensees that offering or facilitating access to prediction markets could affect their suitability for licences in Michigan. Executive director Henry Williams said the board would consider licensees’ and associated parties’ involvement in sporting event contracts, including activity in other jurisdictions.
Michigan licensees face potential suitability reviews if they offer or facilitate access to sporting event contracts.