Nine European gambling regulators have announced closer cross-border cooperation to tackle unlicensed prediction market platforms during the 2026 FIFA World Cup, citing concerns around consumer protection, market integrity and regulatory compliance.
Senators Nicholas Scutari and Paul Sarlo co-authored Senate Bill 4447, which would appoint the New Jersey DGE as the lone regulator of prediction market activity across the state.
The AGA, AGEM and IGA were among the entities who delivered a letter to US Senators, requesting language which prohibits event contracts tied to sports and casino-style gaming.
District Court Judge Paul Maloney ruled sports event contracts cannot be described as ‘swaps,’ as well as that the Commodity Exchange Act does not preempt state gambling laws in Michigan.
The new prediction markets monitoring solution offers automated surveillance for on-chain and off-chain ecosystems, as well as configurable alerts based on firm-defined risk parameters.
As a result of the CFTC designation, Novig will be able to operate across all 50 states and implement safeguards such as market surveillance and protections against insider activity.
“Licensed prediction betting in Spain?” & World Cup betting analysis by Gaming in Spain is now available for registration.
Accounts linked to prediction market platforms could face suspension under its compliance policies.
The Nevada regulator considers the offering of sports event contracts as wagering activity and previously stated operators such as Kalshi must be licensed to conduct business in the state.
Lionel Messi has become the latest high-profile athlete to partner with prediction market platform Kalshi as the company expands its sports marketing strategy during the 2026 FIFA World Cup.