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Sports BettingCasinoBeats · 3h ago

Prediction Market Firms: Casino Lobby and States Working Together to Shut Us Down

By Tim AlperJuly 2, 2026

The brief

A group of prediction market operators, including Kalshi, Crypto.com, Robinhood, and Coinbase, says states are working with casino lobby groups to stop them from offering event contracts. The group, the Coalition for Prediction Markets, says the text of a Maryland gaming regulator-authored letter used language from a …

Original report

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