Gaming Group Warns Against Unregulated Prediction Markets
American Gaming Association CEO Bill Miller criticized prediction markets operating outside established gambling laws at G2E Las Vegas.
Updated on Nov. 11, 2026 in Gambling
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Bill Miller, President and CEO of the American Gaming Association, criticized unregulated prediction markets during a keynote at G2E Las Vegas. He cited a string of state-level court victories and cease-and-desist orders issued against unregulated operators.
Why it matters
Prediction markets are attempting to enter the U.S. gambling landscape while operating outside established legal frameworks. The enforcement actions show states are pushing back against platforms that bypass standard gambling regulations.
The American Gaming Association cited a string of state-level court victories against unregulated operators, and state regulators issued cease-and-desist orders in multiple jurisdictions. The source does not specify the number of states involved or the operators targeted.
The players
American Gaming Association
A national trade organization representing commercial casino operators and gaming suppliers in the United States, which has advocated for regulated gambling markets.
Bill Miller
President and CEO of the American Gaming Association, who has led the group's public positions on gambling policy.
Ernestine Yepa
Executive Director of the Indian Gaming Association, who joined Miller at the G2E Las Vegas session.
The details
Miller delivered the keynote at G2E Las Vegas, where Indian Gaming Association Executive Director Ernestine Yepa joined him at the session. Prediction markets are reportedly entering the U.S. by bypassing standard gambling regulations, and enforcement has come through state court rulings and regulator orders.
Timeline
November 11, 2026: Article published on Miller's G2E Las Vegas remarks.
Legal Context
The state court victories and cease-and-desist orders echo the pattern of state-by-state enforcement that followed the 2018 Murphy v. NCAA decision, which returned gambling regulation largely to the states. The current fight extends that dynamic to prediction markets that operate outside traditional gambling frameworks.
Readers who use prediction market platforms may find those services operate outside state gambling protections, depending on how their state's courts rule. Checking whether a platform is licensed by a state gaming regulator is a practical step before depositing funds.
The takeaway
Gambling regulation in the U.S. is being contested platform by platform, so the legal status of a betting product depends heavily on the state where it is offered. Understanding which regulators oversee a product is the clearest way to judge its legitimacy.
Further reading
Explore more on the rules governing this industry in the Gambling section.
Source note: This article includes information reported by Tribuna.
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Should prediction market apps be allowed to offer betting without state gambling regulation?
