CFTC Comment Period on Sports Event Contract Rules Closes July 27, Racing the World Cup Final by Eight Days
The CFTC has until July 27 to finalize its comment window on the first federal framework governing sports prediction market ...
Tag: CFTC
CFTC Sues Kentucky Over Prediction Market Crackdown, Making It the Ninth State to Face Federal Legal Action
The CFTC has sued Kentucky after the state's AG sued Kalshi, Polymarket, and sweepstakes operator VGW. Kentucky is the ninth ...
Kalshi Sues Illinois Over New Prediction Market Licensing Requirement, Seeking Court Order to Block Law
Kalshi has filed a federal lawsuit against Illinois seeking to block a new state law requiring prediction market platforms to ...
Minnesota and California AGs Square Off With CFTC Over Who Controls Prediction Markets in America
Minnesota AG Keith Ellison and California AG Rob Bonta publicly criticized the CFTC's push to assert federal control over prediction ...
Novig Receives CFTC Designation, Becoming the Second Federally Regulated Sports Prediction Market in a Week
Novig has secured CFTC approval to operate as a federally regulated prediction market focused exclusively on sports, positioning itself to ...
Gary Gensler Backs Ohio Against the CFTC in Landmark Sports Betting Jurisdiction Case
Former CFTC and SEC chairman Gary Gensler filed a court brief arguing that the Dodd-Frank Act was never meant to ...
CFTC Sues New Mexico as Prediction Market Jurisdiction Battle Reaches Eight States
The CFTC has filed suit against New Mexico to block state gaming enforcement against federally licensed prediction markets, marking the ...
CFTC Ramps Up Pressure in Minnesota to Block State Prediction Market Ban — What It Means for Users There
CFTC Chair Michael Selig has Minnesota in his sights after the state Senate voted 56-10 to ban prediction markets. Here ...
Pennsylvania Regulators Just Raised Youth Gambling Concerns About Prediction Markets — What It Could Mean for Access
Pennsylvania’s gaming regulator has formally told the CFTC that prediction markets are failing young bettors on age verification and consumer ...
41 State Attorneys General Just Told the CFTC to Back Off Sports Prediction Markets — Here’s What That Means for Bettors
Forty-one state attorneys general are telling the CFTC it has no business regulating sports prediction markets — and for bettors, ...
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