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    Home»News»Massachusetts Gaming Commission issues letter of notice about prediction markets
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    Massachusetts Gaming Commission issues letter of notice about prediction markets

    Editor Times FeaturedBy Editor Times FeaturedNovember 15, 2025No Comments3 Mins Read
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    The Massachusetts Gaming Fee has issued a letter to the operators which have sports activities wagering licenses throughout the state, as they warn in opposition to prediction markets because it fights a lawsuit against Kalshi.

    In a letter reviewed by ReadWrite, the group says it’s “conscious that a number of Massachusetts sports activities wagering licensees are contemplating or have begun the method of partnering with entities within the prediction market area to start providing occasion wagering contracts.”

    The Massachusetts Gaming Fee knowledgeable every licensed sports activities wagering operator at this time that providing sports-related occasion contracts within the Commonwealth is prohibited.

    Extra data will be discovered right here: https://t.co/B8llpBtIz0

    — MA Gaming Fee (@MassGamingComm) November 13, 2025

    Those that maintain licenses for this objective within the north-eastern state have been approved for sports activities wagering which the fee says is outlined as “‘sports activities occasion’ or ‘sporting occasion’ as a “skilled sport or athletic occasion, collegiate sport or athletic occasion, a collegiate event, motor race occasion, digital sports activities occasion or different occasion approved by the Fee…”

    The letter, which was issued on November 13, is to be taken as ‘discover’ that the license holders are prohibited from providing sports-related occasion contracts within the state, whether or not that’s straight or through an affiliate, associated enterprise entity, or different affiliation.

    It comes on the heels of Nevada intensifying its crackdown on the platforms, pulling key licenses from main operators DraftKings and Flutter Leisure. Final month, Illinois also reconfirmed its position on prediction markets telling gaming licensees within the state that entering into prediction markets may impression its suitability.

    Massachusetts letter is newest in back-and-forth about prediction markets

    These sports-related occasion contracts have triggered controversy up and down america, regardless of the recognition of platforms like Polymarket and Kalshi. Whereas some states are warning in opposition to them, some firms are beginning to companion up with them.

    Simply this week, the UFC announced a multi-year partnership with Polymarket because the prediction market is to turn out to be the sports activities official and unique prediction market companion. Additionally, earlier in November, it grew to become clear that playing big FanDuel would enter the world by means of its new app FanDuel Predicts.

    The letter continued: “Within the occasion you provide sports-related occasion contracts in Massachusetts or direct patrons to such occasion contracts being provided in Massachusetts, the Fee might take steps as much as and together with revocation of your license. As well as, to the extent every other regulator takes motion in opposition to your license attributable to your operation within the prediction market area, such motion might inform selections associated to your suitability in Massachusetts.”

    Featured Picture: AI-generated through Ideogram

    The publish Massachusetts Gaming Commission issues letter of notice about prediction markets appeared first on ReadWrite.





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