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Washington commission classifies prediction market contracts as unauthorised activity

Regulation

Washington State Gambling Commission said online operators offering event-based contracts are facilitating unauthorised activity in Washington. Its public alert was not directed at specific operators and did not constitute enforcement or a cease-and-desist order; the commission said it would monitor ongoing litigation.

Operators offering event contracts in Washington face a stated regulatory warning, though the commission has taken no enforcement action.

End-of-day close DraftKings (DKNG), USD, to 23 January 2026
Story date27 October 202523 January 2026

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