Massachusetts Raises Fresh Concerns over Prediction Markets

Massachusetts Gaming Commission chair Jordan Maynard revealed that the regulator regularly receives complaints from consumers who believe prediction markets fall under state law. The complaints highlight growing confusion about which authorities are responsible for protecting customers using platforms like Kalshi . This confusion could also make it difficult for consumers to get meaningful protection when something goes wrong. Prediction Platforms May Lack Critical Safeguards Maynard shared his concerns in written testimony he submitted on November 11 to a US House subcommittee.