On gaming laws
Jefferson County’s business community depends on a fair, transparent system that rewards those who invest, create jobs and follow the rules. From small businesses on Main Street to major employers, we all thrive when the playing field is level and state laws are upheld. That’s why Arkansas has long taken care to regulate gaming responsibly, ensuring that casino and racing operations not only entertain but also contribute to local economies and community growth.
Unfortunately, some are now sidestepping those long-standing regulations through prediction markets. These online platforms allow people to bet on everything from sports scores to election outcomes under the guise of “financial contracts.” But make no mistake, if it looks like betting and acts like betting, it’s betting.
As Attorney General Tim Griffin has said, prediction markets’ business models constitute gambling and require licensure under Arkansas law.
This matters because local, regulated gaming operations give back. They employ Arkansans, generate tax revenue, and help fund essential services that strengthen our communities. Insufficiently regulated prediction markets do none of that. They siphon business away from licensed operators who play by the rules, putting local jobs and revenue at risk.
Independent reporting for Pine Bluff & Jefferson County since 1879.
As someone who works every day with local employers and entrepreneurs, I know how much stability and fairness matter. Our state’s gaming laws were designed to protect both consumers and communities. Upholding them ensures that Arkansas businesses — and the people behind them — continue to prosper.
Jennifer Kline, director,
Pine Bluff Regional Chamber of Commerce