New coalition calls for state crackdowns on prediction markets

Source: The Hill News · Bias: Center

Summary

A new coalition is taking aim at the rise of prediction markets by pushing for enforcement of state and tribal gaming laws, arguing that the platforms facilitate illegal sports betting. Gambling Is Not Investing, which launched Monday, contends that federally regulated prediction markets are operating in states where sports betting is illegal and improperly bypassing…

Related Coverage

More Headlines From March 2, 2026

New coalition calls for state crackdowns on prediction markets
The Hill News

New coalition calls for state crackdowns on prediction markets

Center

A new coalition is taking aim at the rise of prediction markets by pushing for enforcement of state and tribal gaming laws, arguing that the platforms facilitate illegal sports betting. Gambling Is Not Investing, which launched Monday, contends that federally regulated prediction markets are operating in states where sports betting is illegal and improperly bypassing…