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The Independent UK
The Independent UK
National
Savannah Peters

Prediction markets challenge tribal casinos’ hard-won place in US gambling

Prediction Markets Tribal Gambling - (Copyright 2026 The Associated Press. All rights reserved)

At the Indian Gaming Association’s annual convention in San Diego this week, two words have dominated the agenda: Prediction markets.

On public panels and in closed-door meetings, tribal leaders have discussed the explosive growth of platforms like Polymarket and Kalshi and the potential threat to tribes' hard-fought and heavily regulated place in the American gambling industry.

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