Analysis from the American Gaming Affiliation (AGA) reveals that 4 out of 5 American voters consider sports activities prediction markets ought to be extra tightly regulated.
The study, by the AGA, was titled “Sports activities Occasion Contracts: Public Opinion Panorama” and canvased a broad swathe of the voting populace that seen prediction markets in the identical mild as every other type of regulated gaming.
Of these canvased, 85% say that the markets are usually not monetary devices, but additionally fall into the identical class as betting and sports activities wagering markets.
Prediction markets are rising to match established playing companies
There was an extended debate over the legality, correct regulatory construction, and the validity of prediction markets throughout America, particularly those who cowl sporting occasions.
New AGA analysis reveals that Individuals view sports activities occasions contacts supplied via prediction markets as playing, not monetary devices. Learn extra about how Individuals consider they want extra regulation
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— American Gaming Affiliation (@AmericanGaming) September 10, 2025
We now have carried out in-depth protection of prediction suppliers like Kalshi and Polymarket, as they’ve expanded their market presence regardless of dealing with state legislature backlash and prolonged court battles.
Their emergence has led to a growth in outcome-based wagering throughout the nation, with outstanding playing names like FanDuel getting into the prediction market fray as soon as they noticed the monetary windfall that they may carry, in addition to doable competitors for client {dollars}.
AGA report reveals most Individuals need stricter laws for prediction markets
One factor that continues to be a relentless within the dialogue surrounding prediction markets is their lack of a dedicated regulatory framework beneath which they fall. This has led to the AGA surveying the American folks and offering this report, which has some key takeaways.
President and CEO, American Gaming Affiliation, Invoice Miller mentioned, “With sports activities betting operational in 38 states and Washington, D.C., shoppers count on prediction markets to observe the identical guidelines and safeguards as state-licensed sportsbooks.”
80% of survey respondents consider that sports activities occasion markets offered by prediction markets ought to fall beneath the identical regulatory scrutiny as every other sports activities betting supplier.
“Individuals are clear: sports event contracts ought to be handled like different types of sports activities betting and fall beneath state and tribal regulatory authority, not federal commodities regulators,” boldly states the evidence-led report.
In response to 84% of those that took half, these markets ought to solely be accessible in “state-licensed sportsbooks,” and 69% consider particular person states ought to have management, not federal legislation, on deciding to permit sports activities occasion contracts to be permitted inside their boundaries.
DC has been a spotlight for the dialog round prediction markets normally, with a former board member of Kalshi tipped to tackle the mantle of Chairman of the Commodity Futures Buying and selling Fee (CFTC), Brian Quintenz.
Quintenz introduced that he would sever any remaining ties together with his Kalshi colleagues and the corporate, however the unregulated market is asking for stricter laws.
The AGA report “underscores the necessity for the CFTC to implement and uphold its personal laws that prohibit gaming contracts, and for Congress to make use of its oversight energy to make sure prediction markets are usually not used as a backdoor for gaming,” concluded Miller.
Featured picture: AGA
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