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CLICK HERE TO READ What can team Lottery do to fight off Prediction Markets and other substantial new threats.
By Lorne Weil, Executive Chairman, Inspired Entertainment and Simon Jaworski, Chief Executive Officer, Lotto Research
'Not an Investment': Prediction Markets Face More Scrutiny
"If I buy a contract on the outcome of the Padres game tonight, that's not an investment," Former Congressman Mick Mulvaney said. "That is gambling." Mulvaney questions CFTC oversight Mulvaney said the industry's messaging has blurred the distinction between investing and wagering, making the issue easier to explain to lawmakers than the legal questions surrounding the Commodity Exchange Act.
PGRI LOTTERY EXPO NASHVILLE October 20-22, 2026
PGRI Lottery Expo Nashville, co-hosted with Tennessee Lottery
Doors close for prediction markets in Europe -Polymarket blocked in another European country
Polymarket was blocked in France in 2024, in Belgium in 2025 and subject to a temporary blocking order in Spain alongside rival Kalshi in April of this year. The Italian Customs and Monopolies Agency is the latest European gambling regulator to block the prediction market platform
By Bill Miller: 'Prediction markets' siphon $1 billion from state and tribal economies — including Nevada
For decades, Congress and the courts have affirmed that gaming regulation belongs to states and tribal governments. We agree — along with the 41 attorneys general and countless legislators across the country — and support Nevada's Attorney General, Aaron Ford, in calling “sports event contracts” what they are: sports bets. We continue to urge Congress to reaffirm existing law and state and tribal authority by advancing solutions like the bipartisan Prediction Markets Are Gambling Act. Bill Miller is president and CEO of the American Gaming Association.
Michigan Gaming Control Board Ends NCPG Membership Over Kalshi Affiliation
The Michigan Gaming Control Board (MGCB) is parting ways with the National Council on Problem Gambling (NCPG) after the national nonprofit formed a membership subcategory to allow Kalshi to become a partner and make a $2 million donation.
Ohio lawmakers introduce landmark bill to repeal online sports betting
HB 971, known as the Save Ohio Sports Act (SOSA), If passed, it would make the Buckeye State the first to undo its mobile market.
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PGRI
LOTTERY EXPO 2026 Nashville
October 20-22,
2026
Co-Hosted by PGRI, Inc. and The Florida Lottery
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Government Lottery
Registration click here - complimentary
Early Bird Vendor Registration -
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As Team Lottery races to adapt to disruptive forces, compete with the explosion of gaming options, engage the next generation of digital-native consumer, contend with regulatory changes that may represent new threats … how do we evolve our strategies and methods for optimal success while preserving the values, principles, and essence upon which our business and our mission is based?
Does offering faster-play, higher prize-payout, more stimulating games sit at odds with our traditional identity and branded reputation for integrity and player protection; or is it a mandate from the players and therefore a necessary competitive evolution as we emerge from the Lottery’s monopoly era?
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