Bettors staked more than $2.4 billion, while a lower sportsbook hold cut operator revenue and sharpened debate over prediction markets.
The proposal would make personalised offers and betting recommendations presumptively unlawful, while preserving fraud and responsible-gambling tools.
Its 2026 analysis divides the market into five segments and sketches four possible paths to 2030.
A 13% rise in wagers delivered only about $17 million in revenue as opening Sunday results favoured bettors.
The trade group says sports-event contracts are bets in substance and should stay within state gambling rules.
The deal follows a 2025 cease-and-desist order and sets out a redemption process for remaining sweeps coins.
The emergency move came after state officials accused the prediction-market platform of running an illegal gambling business and sought more than $36 billion in damages.
The ruling adds to a patchwork of court outcomes as states test whether the exchange’s products are derivatives or gambling.
A World Cup-fuelled rebound lifted revenue above $214 million and sent the state more than $109 million in tax.
The filing comes a day after the company said it launched federally regulated sports event contracts in 47 states.
| Featured US Casinos | ||
|---|---|---|
| BetMGM | Up to 1,000 Bonus Spins | Visit » |
| DraftKings Casino | Exclusive Casino Games | Visit » |
| Golden Nugget Casino | 1,500+ Casino Games | Visit » |
| BetRivers | $500 Play It Again | Visit » |