By The Weekly Edge desk ·
iGamingToday reported that Oklahoma tribal leaders urged federal lawmakers and regulators to scrutinise prediction platforms. Tribal representatives argued sports contracts bypass oversight and obligations applying to tribal gambling.
The council seeks federal action over perceived gaps in prediction market regulation.
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Same companies, regulators or market.
Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
The ruling and machine removals are followed by 81 job cuts at Republic Amusements, while legalisation legislation remains stalled.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The ruling puts businesses hosting skill-game machines at risk of losing the revenue those devices generate.