Mohegan Backs Action Against Prediction Market Betting
The Mohegan Tribal Gaming Authority confirmed support for Connecticut officials pursuing action against prediction market platforms that executives say interfere with tribal gaming rights. Company leadership discussed the issue while presenting quarterly financial results that reflected a reported profit largely linked to accounting factors rather than operational performance. Tribal representatives and industry groups also raised broader concerns about prediction markets and sweepstakes-style gaming across the United States. Executives described prediction market activity as a regulatory concern because these platforms allow users to […] The post Mohegan Backs Action Against Prediction Market Betting appeared first on World Casino News.
The Mohegan Tribal Gaming Authority confirmed support for Connecticut officials pursuing action against prediction market platforms that executives say interfere with tribal gaming rights. Company leadership discussed the issue while presenting quarterly financial results that reflected a reported profit largely linked to accounting factors rather than operational performance. Tribal representatives and industry groups also raised broader concerns about prediction markets and sweepstakes-style gaming across the United States. Executives described prediction market activity as a regulatory concern because these platforms allow users to […]
The post Mohegan Backs Action Against Prediction Market Betting appeared first on World Casino News.