NFL Sends Letter to CFTC, Kalshi Teams Up with MSG
The burgeoning U.S. prediction market sector closed a busy week of activity.
CFTC
CFTC Collaborates with MLB and Top US Sports Leagues to Prevent
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
DraftKings Predictions for Q1 Earnings
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.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
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.