Washington gambling commission warns prediction markets are unauthorised
The Washington State Gambling Commission warned operators and consumers that prediction markets are not authorised in the state. The commission said the status of prediction markets, including sports and political event contracts, remains subject to litigation and that it will monitor court proceedings. It noted that sports wagering is available at authorised tribal casinos under tribal-state compacts.
The warning clarifies the commission’s position for operators considering prediction-market offerings in Washington.