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WLA urges equivalent regulation for prediction markets

Regulation

The World Lottery Association (WLA) called for prediction markets to face standards equivalent to betting products, citing risks to licensed operators and sports integrity. It said monthly transaction volume exceeded US$13 billion at the end of 2025 and reached US$26 billion in January 2026, with more than 90% linked to sports and other events. The association urged regulators and governments to address regulatory gaps.

Equivalent rules could affect licensing, consumer safeguards and compliance obligations for operators and prediction-market platforms.

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Regulation

Pennsylvania skill-game operators face removal deadline after court ruling

Pennsylvania businesses and nonprofits were required to remove skill-game terminals by Wednesday after lawmakers failed to agree on regulation, according to reports. The state Supreme Court ruled in June that the machines count as slot machines and are unlawful without licences, then gave lawmakers 120 days to establish a regulatory system. State police warned that remaining terminals could be seized and owners prosecuted.

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