Standards Body
Consumer protection and operational standards for gaming categories that arrive before regulation catches up.
Founded and directed by
Tony Morelli, PhD
Founder and Director
Twenty-seven years building the technology in gaming categories that reached market before the rules did. Platform Architect at Bally Technologies from 1999 to 2011, building Class II and lottery systems while the National Indian Gaming Commission was writing the Minimum Internal Control Standards and Technical Standards that still govern tribal gaming today. Executive Vice President at Pilot Games from 2019 to 2025, scaling a network of more than 15,000 regulated gaming devices and leading SOC 2 Type 2 compliance.
Document Register
Every document the Institute publishes carries a stable identifier, a version, and a status drawn from a fixed vocabulary. Working drafts are open for comment and have not been adopted by any regulatory authority.
| Identifier | Title | Version | Status | Published | Formats |
|---|---|---|---|---|---|
| PMCPS-C | Prediction Market Classification Standard Determines which products are subject to the PMCPS family. | v1.0 | Working Draft | 2026-08 | |
| PMCPS-M | Prediction Market Minimum Internal Control Standards States what a covered operator must do. | v1.0 | Working Draft | 2026-08 | |
| PMCPS-T | Prediction Market Technical Standards Reserved pending CFTC final rulemaking. | Reserved | Reserved | Not issued | Outline only |
| SBCGS | Skill-Based Charitable Gaming Standards Classification standard in preparation. | Pending | In Development | Q4 2026 | Not issued |
Full document details, scope statements, and the comment process
Programme
01
We publish classification standards, minimum internal control standards, and technical standards for emerging gaming categories. Our frameworks are grounded in primary regulatory sources and written to be adopted by regulators, operators, and assessors.
02
Gaming Market Research, our companion platform, tracks prediction markets and charitable gaming regulation across 68 or more jurisdictions.
03
The Institute's founder has served as an expert witness in gaming patent litigation before the USPTO and advises law firms, financial institutions, and regulators on emerging gaming markets.
Position
Prediction markets operate as federally regulated derivatives products with extensive market integrity requirements and almost no consumer protection requirements. The Institute takes no position on the federal and state jurisdictional dispute. Our standards are written to be applied on their own terms, independent of how that question is ultimately resolved.