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SAN DIEGO, CA: The National Council of Legislators from Gaming States (NCLGS) today announced that Mick Mulvaney, Executive Director of Gambling is Not Investing and former White House Chief of Staff, will participate in a featured discussion at the 2026 NCLGS Summer Meeting examining the rapidly evolving regulatory landscape surrounding sports betting on prediction market platforms.
In his role as Executive Director of Gambling is Not Investing, a coalition committed to stopping prediction markets from offering sports-event contracts that bypass state and tribal laws, Mulvaney is on the frontlines of the debate around prediction markets. The coalition argues that sports-event contracts offered through prediction market platforms are a form of illegal sports gambling that fail to comply with state and tribal laws.
The session will explore key questions surrounding consumer protections, state regulatory authority, market oversight, and the intersection of gaming and financial regulation.
“I appreciate the opportunity to join NCLGS and engage with state legislators on these important issues,” Mulvaney said. “As prediction market platforms continue to grow, policymakers must carefully examine the implications for consumers, state oversight, and the regulatory frameworks that have long governed gaming activity.”
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