California Legal professional Basic Rob Bonta is reportedly getting ready to take motion in opposition to prediction markets.
The information of the Legal professional Basic’s potential resolution to signal an amicus transient in reference to different states and their stance on prediction markets comes from California Nations Indian Gaming Affiliation (CNIGA), Chair James Siva.
A number of information shops, together with InGame, have quoted him as talking on a weekly webinar sequence titled “New Regular: The Authorized and Political Combat Over Prediction Markets in California.”
Bonta is reportedly taking steps in opposition to prediction markets
Based on these sources, Bonta is aiming to signal an amicus transient, which might put the state in the identical place as these already in protracted authorized battles in opposition to prediction markets.
We reported on these battles in Maryland, with Kalshi combating again in opposition to state regulators and looking for to pause enforcement whereas the corporate’s attraction was heard.
The Maryland Lottery and Gaming Management Fee then doubled down with a warning to other license holders within the state to keep away from connections with prediction suppliers.
NEW: Maryland turns into the seventh state to warn licensees about involvement in prediction markets. Per @MDLottery, "any direct or oblique" affiliation with sports activities occasion contracts in "any jurisdiction" the place such exercise is illegitimate or unauthorized "might" have licensing implications. pic.twitter.com/WxPx4eA5A8
— Daniel Wallach (@WALLACHLEGAL) November 20, 2025
The regulator’s assertion issued a stern warning and made clear the state’s view of the place these markets stand legally.
“The Fee has decided {that a} sporting occasion contract supplied on a chosen contract market (“DCM”) with out a legitimate Maryland sports activities wagering license is an “criminality” in our state as a result of that is illegal sports activities wagering.”
Senior Tribal figures oppose prediction markets
There isn’t any official stance from Bonta’s workplace. Nonetheless, California regulators and Tribal authorities have traditionally taken a hard line against gaming activity they view as working outdoors the state’s licensed framework. Bonta has already given a scathing opinion the legality of fantasy games.
Talking on a unique episode of the webinar, “The New Regular: Wanting Again, Shifting Ahead – Tribal Gaming’s 2025 Overview,” senior figures from the IGA had much less beneficial opinions on prediction markets.
Each Victor Roacha, the Indian Gaming Affiliation’s convention chairman, and Jason Giles, the affiliation’s government director, mentioned the subject through the annual evaluate.
“Plainly these prediction markets have discovered a approach round state regulation of playing by means of the CFTC self-certification course of,” stated Rocha.
Giles said, “As soon as they begin seeing their pocketbooks impacted in these states, you would possibly get all 50 state attorneys common signing on to those amicus briefs and every thing else.”
There’s a critical Tribal urge for food to clamp down on prediction markets, however Bonta has but to take any public motion on them on behalf of California. If he does, it is going to be yet another voice in a refrain opposing their capability to bypass Tribal jurisdictions.
ReadWrite has reached out to the California Legal professional Basic’s Workplace for remark.
Featured picture: California Legal professional Basic’s Workplace / Canva
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