NCLGS urges states keep control as prediction markets debate intensifies

The National Council of Legislators from Gaming States (NCLGS) has formally backed keeping sports wagering and broader gambling policy under state control as prediction markets continue spreading across the United States. Its Executive Committee unanimously approved a resolution during the group’s July meeting in San Diego. The measure points to the proliferation of prediction markets, where participants can stake money on political elections, economic indicators, sporting events and other real-