Better Markets: Outcome prediction platforms are unregulated gambling on a national level
16.03.2026 (15:02)
Better Markets, an independent and non-partisan public policy NGO, is stepping up its criticism of prediction market operators.
According to the organisation, platforms offering so-called «event contracts» are in fact providing gambling services across the country, while circumventing government gambling regulation.
Better Markets is calling for greater oversight and regulation of these platforms to protect consumers and preserve the integrity of the financial and gambling markets.
The Wisconsin legislature is considering a bill that would allow 11 federally recognised tribes to run online gaming.
Connecticut Senator Richard Blumenthal has introduced a new bill aimed at creating federal regulation of prediction markets in the US.
Professional Fighters League is stepping up its co-operation with the betting industry with a new partnership with Sportradar.
Journalist McKay Coppins conducted an experiment by betting on sporting events in the US.
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