Prediction Markets Under Pressure: New Legislation in the US and Trump's Reaction
28.03.2026 (09:02)
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The prediction markets segment has been in the spotlight this week amid discussions of new federal restrictions in the US. The proposed legislation aimed at tightening rules for so-called event contracts has already sparked a noticeable market reaction.
One of the key points of the initiative is the proposal to ban contracts related to sports, military conflicts, and federal elections. The bill was prepared with the involvement of a senator from California and could significantly change the rules of the game for prediction platforms.
In Nevada and Las Vegas, there is a rise in casino revenues and tourist activity, which may indicate market stabilization.
Nevada's gaming establishments showed moderate revenue growth in February, earning about $1.24 billion.
The Pennsylvania regulator imposed a fine on BetMGM for deficiencies in KYC procedures.
The University of Mississippi has announced the creation of the country's first academic center dedicated entirely to the study of gambling among students.
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