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Horsford presses Congress at G2E to curb prediction-market gambling
The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.
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New Mexico lawmakers warned prediction markets could divert tribal gaming revenue
Committee witnesses raised concerns over casino revenue, online access for younger users and a still-conceptual tax on prediction-market earnings.
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Tunica-Biloxi launches SaltTrade, a tribal-owned prediction-market app powered by Kalshi
The Louisiana tribe says the venture advances economic self-determination, but tribal gaming groups say it lends support to a contested sports-event-contract model.
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New Mexico tribes finish bid to block Kalshi on tribal lands
The Mescalero Apache Tribe and three pueblos say the prediction-market firm’s sports contracts undercut tribal compacts and federal law, while Kalshi points to CFTC authority and a recent Ninth Circuit ruling in Nevada.