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Prediction Markets Raising Predictable Questions of Regulation, Public Policy
FEATURED
January 27, 2026
Prediction Markets Raising Predictable Questions of Regulation, Public Policy
By: John Mikuta
On January 3, 2026, the United States carried out a shocking military strike against Venezuela, resulting in the capture of Venezuelan President Nicolas Maduro.[i] Maduro was taken from his home in Caracas and flown to New York, where he faces narco-terrorism conspiracy, cocaine importation conspiracy, and weapons possession conspiracy charges.[ii] While the strike surprised most of the world, a few traders on Polymarket seemingly anticipated that it would occur. Polymarket, the “world’s largest prediction market,”[iii] is a platform where “people can bet on the outcome of future events” by buying and selling shares in the outcomes.[iv] Polymarket allows users to trade on sports outcomes, economic data, business actions, pop culture, and—as relevant here—political events such as election outcomes and international…
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Virginia Poised to Legalize iGaming
January 14, 2026
Virginia Poised to Legalize iGaming
By: Sara Dalsheim
There has been chatter for some time that Virginia will soon become the next state to join in on the fun of legalized iGaming. Today, House Bill 161 and Senate Bill 118 will be officially offered as proposed legislation (the bills were pre-filed on January 6, 2026). House Bill 161 will officially be introduced by Delegate (“Del.”) Marcus Simon proposing to amend and reenact the…
The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws
November 26, 2025
The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws
By: John Mikuta
The United Kingdom has published a Voluntary Code of Good Practice for operators of prize draws and competitions (“PDCs”).[1] The Code contains a wide range of key measures that operators are expected to implement to improve player safety and transparency. Because the Code is voluntary, operators are not legally bound to abide by it. However, dozens of operators and other relevant entities in the United…
R-E-S-P-O-N-S-I-B-I-L-I-T-Y! Find out what it means in New Jersey
September 22, 2025
R-E-S-P-O-N-S-I-B-I-L-I-T-Y! Find out what it means in New Jersey
By: Sara Dalsheim
Last week New Jersey published and proposed new Internet and Mobile Gaming Responsible Gaming regulations (57 New Jersey Register 2230(a)). The proposed regulations create new standards and definitions relating to responsible gaming. The regulations are available for public comment until November 14, 2025. During the iDEA Growth panel discussion on “Proactive Player Protection: Making Responsible Gaming the New Normal” on September 16th New Jersey Department…
Caught Red Handed, But What is Pete Rose’s Crime?
September 10, 2025
Caught Red Handed, But What is Pete Rose’s Crime?
By: James Trusty
What exactly is the hustle that has kept Pete Rose from safely sliding into the Baseball Hall of Fame? Recently released FBI files from the late 1980’s put little flesh on the skeleton in Rose’s closet, but plenty of normative questions remain about Rose’s now posthumous candidacy. The FBI reports lay out how a local bar in Franklin, Ohio, called Jonathan’s, was reportedly a front…
Silencing the Sidelines: Can Policies Protect Athletes from Harassment Without Suppressing Free Expression?
September 2, 2025
Silencing the Sidelines: Can Policies Protect Athletes from Harassment Without Suppressing Free Expression?
By: Abbey Block
With the new football season just around the corner, sports fans are donning their jerseys, checking the stats, and dialing in to watch their favorite athletes take the field. While the beginning of a new season is a time filled with excitement and anticipation, for many athletes – both professional and collegiate – it will also be the beginning of a season of harassment. Taunts,…
Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs
August 22, 2025
Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs
By: Michelle Cohen
Last week, I moderated a panel on the sizzling topic of prediction markets at the annual Racing and Gaming Conference at Saratoga. This conference brings together legislators, regulators, and industry professionals from a wide range of organizations in the gaming ecosphere – from horse trainers, to representatives of game suppliers and sports betting companies. It is a conference where the “old” (horse racing) and the…
Gambling Industry Takes on Addiction Prevention
July 28, 2025
Gambling Industry Takes on Addiction Prevention
By: Jordan Briggs
Last week, the National Council on Problem Gambling hosted advocates, regulators, counselors, and other industry participants in Columbus, Ohio for the National Conference on Gambling Addiction & Responsible Gambling 2025. With such a broad range of attendees, the conference offered many unique sessions geared towards different industry groups, including wellness sessions and recovery meetings alongside the overviews of ongoing, broad research and the operator-specific talks…
