Free NAGRA Member Webinar:
Prediction Markets: What They Mean for Canadian Gaming Regulators
When: Tuesday, September 1
Time: 12:00 PM (EST)
Description:
Prediction markets are rapidly emerging as one of the most significant regulatory developments facing gaming regulators today. Positioned by some as financial products and by others as a form of wagering, these event-based contracts are creating new questions about jurisdiction, consumer protection, market integrity, advertising, enforcement, and the future of gaming regulation.
As prediction market platforms gain visibility and attract consumer interest, regulators across North America are grappling with how these products fit within existing legal and regulatory frameworks. The issue is particularly complex in Canada, where regulatory oversight may intersect with gaming, securities, and consumer protection regimes. Discussions are ongoing between regulators regarding how these products should be classified and what safeguards may be required.
This webinar will examine the evolving prediction market landscape through a Canadian regulatory lens. Participants will explore emerging market trends, international developments, key legal and policy questions, consumer protection considerations, advertising and integrity risks, and the practical challenges regulators may face as prediction markets continue to grow.
Whether prediction markets ultimately evolve as securities products, gaming products, or a hybrid model, regulators need to understand the opportunities, risks, and regulatory consequences associated with this rapidly changing sector. This session will provide a timely overview of one of the most important emerging issues in gaming regulation today.
Learning Objectives
Participants will:
- Understand what prediction markets are and why they are attracting increasing attention from regulators.
- Explore the distinctions and similarities between prediction markets, sports betting, and financial products.
- Examine emerging Canadian and international regulatory approaches.
- Discuss consumer protection, responsible gambling, and market integrity considerations.
- Consider practical implications for gaming regulators, policymakers, and enforcement agencies.
Presented by:
Mary Beth Thomas, Tennessee Sports Wagering Council
Chris Hovius, Alcohol Gaming Commission of Ontario
NOTE: must be a current, active member of NAGRA. Each individual must be listed on the agency's membership to utilize the member benefits.
