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Pennsylvania Regulators Target Prediction Market Risks as Tax Debate Intensifies

December 18, 2025|byAustin Reynolds

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...

Smartphone showing prediction market data next to casino chips, betting slip, and cash, illustrating Pennsylvania gambling and trading concerns.
Pennsylvania Regulators Target Prediction Market Risks as Tax Debate Intensifies

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