Underdog has launched its own federally licensed prediction market exchange, bringing trading in sports, culture, and other event contracts onto infrastructure owned and operated by the company.
The U.S. Commodity Futures Trading Commission (CFTC) has unveiled a proposed regulatory framework for prediction markets that would preserve most sports-related event contracts while imposing restrictions on markets deemed vulnerable to manipulation or contrary to the public interest.
The National Hockey League (NHL) has signed an information-sharing agreement with the U.S. Commodity Futures Trading Commission (CFTC) to help protect the integrity of prediction markets linked to professional hockey.