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Changes Are Coming to MyAccount (Get Prepared NOW)
While prediction markets are an unauthorized activity in Washington State, we acknowledge that the future of prediction markets, including those for sports, political events, etc., remains a subject of ongoing litigation both federally and in other states. We will continue to monitor the ongoing cases as they progress through the court system and will provide updates once the courts provide further guidance.
A recent case out of the Ninth Circuit, Kater v. Churchill Downs, provided clarification on the issue of virtual casino games that offer virtual currency for purchase. To summarize Kater, the virtual casino games in question operated by providing virtual currency to players that could be used to play virtual casino games, such as blackjack, poker, and slot machine games. This virtual currency could be earned with or without a player having to make a purchase and a player could not play the games without the virtual currency.