U.S. gaming stakeholders push federal action on prediction markets while NCAA presses CFTC to rein in college event contracts

U.S. gaming stakeholders push federal action on prediction markets while NCAA presses CFTC to rein in college event contracts

• Major gaming trade groups AGA & IGA urge Congress to curb sports event contracts on prediction markets, citing threats to state gaming law, tribal sovereignty, and consumer protections.

• NCAA asks CFTC to pause college‑related prediction markets, arguing these products increasingly mirror sportsbook offerings without equivalent safeguards.

• Federal judge recently blocked Tennessee regulators from barring Kalshi’s sports contracts under CFTC jurisdiction — hearing set for Jan. 26.

TRI‑STATE HEAT

New York

• No verified major revenue/operator news in last 48 hours.

• Prediction markets & live betting under scrutiny: Upstate legislators are considering bills to ban prediction market sports contracts and potentially prohibit in‑play betting.

New Jersey

• Lawmakers advance multiple gambling bills including fixed annual sports wagering license fees, bans on micro bets and college props — regulatory tightening.

Pennsylvania / Philadelphia

• No verified major updates in the last 48 hours.

• PA remains in steady regulatory and revenue reporting phase; actionable headlines absent this cycle. (No fresh major announcements available.)

GLOBAL GAMBLING BUZZ

• Prediction market advertising expands: Google will allow U.S. prediction market ads starting Jan. 21 under a financial‑product reclassification, bypassing some traditional gambling ad restrictions.

• Maine considers sweepstakes casino ban as states target unlicensed gaming operators.

• Alberta drafts strict iGaming framework requiring shutdown of unregulated sports betting before online casino launch.

HOROSCOPE HUSTLE — Entertainment‑Only

Pick 3 & Pick 4 tables for all 12 signs — entertainment only.