Trump administration proposes new rules for prediction markets

By: Kevin Hardy

Outlets: Stateline

Published: June 10, 2026

Words: 704

Last Updated: 1 day, 8 hours ago

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The Trump administration Wednesday proposed new regulations for online prediction markets that would ban bets on war, assassination and other extreme events, but still allow many sports bets to operate on the growing platforms.

Critics say the proposed rules don’t do enough to rein in an industry that has sparked jurisdictional battles between state and federal governments, particularly when it comes to sports betting.

Under President Donald Trump, the federal government has championed the …

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