The American Gaming Association (AGA) raised concerns over the rapid growth of sports prediction markets, labeling them as unregulated sports betting platforms.
The AGA expressed its apprehension during a U.S. Senate hearing, highlighting that prediction markets are essentially operating as unregulated nationwide sports betting platforms. This situation poses a threat to the established regulatory framework post-PASPA repeal. The testimony was given before the Senate Commerce Committee’s Subcommittee on Consumer...