Gensler Joins States in Prediction Markets Battles
The growing popularity of prediction markets is creating new opportunities in gaming and finance, but the vertical is causing friction for states and tribal communities in the U.S.
The growing popularity of prediction markets is creating new opportunities in gaming and finance, but the vertical is causing friction for states and tribal communities in the U.S.
The first half of the year is coming to a close for a U.S. commercial gaming industry that is undergoing constant change. Each week, SBC Americas highlights the latest workforce and organizational changes for some of the largest players in North American gaming.
California and Minnesota attorneys general are challenging the Commodity Futures Trading Commission’s (CFTC) approach to regulating prediction markets, arguing the federal agency is not equipped to handle gambling-related harms such as addiction and social costs.
Kalshi has joined the Commidity Futures Trading Commission (CFTC) in launching a formal complaint against the State of Minnesota over the latter’s signing into law a draft bill that would effectively prohibit and outlaw prediction markets starting on August 1, 2026.
The Commodity Futures Trading Commission (CFTC) is responding with a lawsuit to legal action levied against two prediction markets by Rhode Island’s attorney general.
The burgeoning U.S. prediction market sector closed a busy week of activity.
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
DraftKings does not possess a crystal ball that shows how the CFTC or Supreme Court will settle the long-term future of prediction markets in the United States.
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.