Former New Jersey Governor Chris Christie: Prediction markets on sports are illegal
December 19, 2025 • 4m 4s
Contessa Brewer (Correspondent)
00:00.350
today
we
can
exclusively
report
the
aga
is
bringing
in
former
new
jersey
governor
chris
christie
as
a
strategic
advisor
to
spearhead
its
fight
against
prediction
markets
governor
christie
joins
us
now
it's
good
to
have
you
i
know
you've
had
a
lot
of
experience
around
these
Contessa Brewer (Correspondent)
00:16.830
fights
around
gambling
you
pushed
for
the
supreme
court
to
overturn
pasa
and
that
opened
the
door
not
only
for
new
jersey
to
legalize
sports
gambling
gambling
but
for
other
states
as
well
why
are
you
fighting
prediction
markets
Chris Christie (Strategic Advisor)
00:30.590
well
first
off
because
they're
illegal
so
let's
start
there
they
are
clearly
illegal
in
the
sports
gaming
space
and
and
here's
why
the
supreme
court
turned
this
over
to
the
states
to
do
and
the
fact
is
doing
it
through
the
states
gives
you
two
things
one
it
gives
availability
to
Chris Christie (Strategic Advisor)
00:49.750
people
two
in
a
regulated
market
and
what
we've
seen
some
of
the
things
that
have
been
going
on
lately
in
the
sports
gaming
area
we
know
that
regulation
is
really
important
the
the
problems
we've
seen
both
the
NBA
and
major
league
baseball
were
only
discovered
because
states
Chris Christie (Strategic Advisor)
01:07.670
were
working
in
conjunction
with
licensed
sports
books
to
look
for
irregularities
and
get
those
corrected
immediately
you
won't
have
that
in
these
predictive
markets
they
do
not
work
with
regulators
anywhere
there's
no
monitoring
of
what's
going
on
there
and
in
fact
one
of
these
Chris Christie (Strategic Advisor)
01:26.550
predictive
markets
just
said
they're
going
to
offer
who
will
enter
or
not
the
portal
in
NC
double
A
football
in
january
imagine
how
much
that
could
be
manipulated
for
gain
these
are
folks
that
are
not
being
regulated
it's
not
in
compliance
with
the
law
and
it
is
hurting
the
Chris Christie (Strategic Advisor)
01:46.110
forty
states
where
this
is
going
on
and
in
those
ten
states
that
don't
have
sports
gambling
right
now
contessa
those
those
folks
had
made
a
decision
not
to
allow
it
in
their
state
and
these
folks
are
flouting
state
law
and
going
in
there
anyway
Contessa Brewer (Correspondent)
02:01.430
the
the
tribes
are
also
arguing
that
it
supersedes
its
tribal
sovereignty
and
they're
fighting
it
as
well
they've
joined
in
this
battle
the
khalsi
and
poly
markets
and
even
draftking
CEO
was
on
with
us
last
hour
governor
and
said
look
they're
not
offering
sports
sports
in
states
Contessa Brewer (Correspondent)
02:18.550
where
it's
been
clear
the
regulators
have
made
it
clear
they
won't
tolerate
it
and
draftkings
offer
sports
book
i'm
just
curious
do
you
see
all
prediction
markets
as
illegal
or
just
those
around
sports
are
you
fine
with
trades
on
the
outcome
of
elections
for
instance
Chris Christie (Strategic Advisor)
02:34.870
i
i
think
this
is
restricted
at
the
moment
to
sports
and
let
me
say
that
back
a
few
months
ago
in
court
counsel
for
one
of
the
prediction
markets
companies
said
what
they
were
trying
to
do
on
presidential
elections
was
legal
it
would
only
be
illegal
if
they
came
into
sports
now
Chris Christie (Strategic Advisor)
02:53.350
they're
into
sports
and
claiming
that
what
they
said
in
court
no
longer
counts
look
the
states
have
occupied
the
space
to
regulate
sports
gambling
they
were
given
the
opportunity
to
do
that
by
the
united
states
supreme
court
in
a
case
that
i
fought
six
years
to
bring
to
the
US
Chris Christie (Strategic Advisor)
03:09.790
supreme
court
and
to
win
and
the
result
of
it
has
been
growing
interest
in
all
four
of
the
major
sports
leagues
and
college
sports
because
of
the
opportunity
to
wager
on
them
it's
been
done
in
a
way
that
is
regulated
and
monitored
to
make
sure
that
the
integrity
of
the
game
is
Chris Christie (Strategic Advisor)
03:27.230
protected
and
we're
not
having
folks
go
out
there
in
states
where
the
the
citizens
of
that
state
don't
want
it
you
know
it's
easy
for
anybody
to
say
well
we're
only
going
in
the
states
where
sports
gambling
is
not
authorized
well
it's
not
been
authorized
in
those
states
either
Chris Christie (Strategic Advisor)
03:42.190
because
those
states
didn't
want
it
or
because
they
were
protecting
tribal
sovereignty
as
you
see
in
florida
and
so
this
is
a
problem
they're
violating
the
law
and
and
this
is
a
problem
for
consumers
and
for
the
leagues
and
i
think
that's
why
you'll
see
consumers
and
the
leagues
Chris Christie (Strategic Advisor)
03:59.390
come
together
on
this
and
stop
prediction
markets
from
doing
what
they're
Contessa Brewer (Correspondent)
04:03.350
doing
Autoscroll