Howard Stutz, The Nevada Independent
Email, LinkedIn, and more
As governor of New Jersey, Chris Christie played a major role in bringing the litigation that cleared the way for a nationwide expansion of sports betting in 2018 by the U.S. Supreme Court.
“The system has worked great for eight years,” Christie said in an interview with The Nevada Independent.
But Christie, brought in by the American Gaming Association (AGA) in December as a consultant, said the recent rise of prediction markets poses an existential threat to the system. “You’ve got a bunch of rogue cowboys who want to come in and blow it up. That offends me,” Christie said.
Though gaming analysts don’t expect prediction markets to substantially eat into the expected millions of dollars sportsbooks will see bet on Sunday’s Super Bowl LX, the larger gaming industry is only ramping up its war against prediction market companies such as Kalshi and Polymarket.