Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • Direct-to-Cell Technology: Enabling Satellite Connectivity for Legacy Devices
    • How small businesses can leverage AI
    • Robots-Blog | Humanoide Robotik aus Deutschland: igus bringt neuen Serviceroboter auf den Markt
    • GM reimagines Hummer off-roader with California ideas unit
    • London’s DEScycle secures over €10 million in grant funding to scale critical metals recovery platform
    • How to Edit, Merge, and Split PDFs With Free Online Tools
    • Florida crackdown targets illegal machines in Sarasota
    • Audiophile-Oriented Noble Audio Debuts More Affordable Osprey Earbuds
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Tuesday, June 2
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»Massachusetts Gaming Commission issues letter of notice about prediction markets
    News

    Massachusetts Gaming Commission issues letter of notice about prediction markets

    Editor Times FeaturedBy Editor Times FeaturedNovember 15, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    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.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    Florida crackdown targets illegal machines in Sarasota

    June 2, 2026

    Hawthorne bankruptcy dispute targets Illinois racing funds

    June 2, 2026

    Kalshi debuts regulated crypto perpetual futures

    June 2, 2026

    Manchester gambling raid sparks wider enforcement focus

    June 2, 2026

    Burbank laboratory owner sentenced over Medicare gambling fraud

    June 1, 2026

    Salesforce has a stake in Anthropic worth ~$5B; Salesforce first invested about $50M in an early 2023 round and has continually invested in rounds since (Brody Ford/Bloomberg)

    June 1, 2026

    Comments are closed.

    Editors Picks

    Direct-to-Cell Technology: Enabling Satellite Connectivity for Legacy Devices

    June 2, 2026

    How small businesses can leverage AI

    June 2, 2026

    Robots-Blog | Humanoide Robotik aus Deutschland: igus bringt neuen Serviceroboter auf den Markt

    June 2, 2026

    GM reimagines Hummer off-roader with California ideas unit

    June 2, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    Inspired Entertainment reports strong Q3 2025, downplaying UK gambling tax concerns

    November 5, 2025

    Found on VirusTotal: The world’s first UEFI bootkit for Linux

    November 29, 2024

    Canva gets outdoors with $30 million Doohly acquisition

    March 25, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.