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WSGC discusses prediction markets, advertising concerns and proposed collegiate wagering bill
Summary
Commissioners heard staff and legal perspectives saying prediction markets are currently unauthorized in Washington, discussed consumer-protection and advertising issues with the attorney general’s office, and reviewed a proposed bill to allow in-state collegiate sports wagering with a ban on athlete prop bets.
Commissioners and staff at the Jan. 8 Washington State Gambling Commission meeting discussed prediction markets and advertising enforcement, possible next steps for policy work, and a newly introduced legislative bill on collegiate sports wagering.
Director Tina Griffin summarized the commission’s Dec. 9 guidance that prediction markets are not authorized in Washington, and noted ongoing litigation nationally could change the legal landscape. Griffin said the commission would present additional materials at a future meeting and advised tribal partners and licensees to…
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