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Lucy Harris

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Pennsylvania Regulators Target Prediction Market Risks as Tax Debate Intensifies

December 18, 2025|byLucy Harris

Pennsylvania’s state gaming regulator has issued a firm warning to casinos and sportsbook operators over the rapid rise of online prediction markets. Officials say the sector is developing outside the commonwealth’s established legal and tax systems, creating financial, regulatory, and consumer protection concerns for the state’s licensed gambling industry.

With trades now reaching into the bi...

Illustration of the Pennsylvania state seal beside a sports wager slip, phone charts, and cash, symbolising state scrutiny of prediction markets and sports betting.
Pennsylvania Regulators Target Prediction Market Risks as Tax Debate Intensifies

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