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AGA Warns U.S. Senators About Prediction Markets
By Editorial profile image Editorial

AGA Warns U.S. Senators About Prediction Markets

The American Gaming Association (AGA) raised concerns over the rapid growth of sports prediction markets, labeling them as unregulated sports betting platforms.

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...

By Editorial profile image Editorial
Updated on
Regulation American Gaming Association U.S. Senate Sports Prediction Markets PASPA repeal