Nevada Gaming Control Board chair Mike Dreitzer said the board is examining an unspecified prediction-style gaming product. He said it could proceed if it complies with applicable laws and regulations; he did not identify its manufacturer.
The board’s review may affect how suppliers and licensees bring prediction-style products to Nevada.
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The Nevada Gaming Control Board said it did not direct or pressure a venue to cancel or decline to host Predict 2026, after organisers said regulatory pressure led to the termination of their Las Vegas venue contract. The organisers said the 7–9 December event had moved to New York City; the board said gaming licensees should check compliance with applicable laws.
A US appeals court ruled that sports prediction markets in Nevada remain subject to state gambling rules. The ruling addresses whether those markets fall outside the state’s gambling framework.
Victor Strategies executive vice-president Gene Johnson criticised prediction markets. The report described apps offering player props, multi-leg combinations, point spreads and over/unders under federal regulation.
Fondazione FAIR director general Stefano De Vita said prediction markets such as Polymarket can create risks similar to betting and called for protections for users. He pointed to limits on deposits, age checks, monitoring and exclusion procedures, while noting that the legal status of these platforms remains under debate. The report also cited a recent Polymarket agreement with Serie A for the North American market.
Senators Adam Schiff and John Curtis plan to introduce legislation restricting prediction-market firms overseen by the CFTC from listing sports-event contracts and specified casino-style products in the US, according to reports. The proposal reflects concerns from lawmakers about state safeguards and the federal regulator’s authority over event-based derivatives.