By The Weekly Edge desk ·
A report says tribal and commercial gaming could lose between $7.3bn and $39.4bn in annual gaming revenue if prediction markets continue operating.
Gaming operators can factor the report’s projected annual revenue losses into their assessment of prediction markets.
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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 findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
Proposed Nevada technical revisions cover multiple gaming systems, putting associated equipment requirements under review.