Tag: CFTC
American Gaming Association CEO claims US$1 billion in tax revenue lost to prediction markets
29 May 2026 at 7:07am UTC-4
The American Gaming Association says estimates show that US states have lost out on more than US$1 billion in tax revenue because of the rise of prediction markets.
Speaking on ...
White House reviews CFTC prediction market proposal
28 May 2026 at 7:03am UTC-4
A new proposal from the Commodity Futures Trading Commission on regulating prediction markets is under review by the White House, according to a filing published this week.
The ...
Trump backs Commodity Futures Trading Commission and prediction markets
27 May 2026 at 7:42am UTC-4
President Donald Trump has publicly backed prediction market platforms amid legal and regulatory challenges from several US states.
In a post made to his social media platform ...
Rhode Island attorney general sues Kalshi and Polymarket
22 May 2026 at 1:08pm UTC-4
Rhode Island Attorney General Peter Neronha has sued Kalshi and Polymarket, escalating a legal dispute over whether the companies can offer contracts tied to sports outcomes in ...
NHL signs integrity deal with Commodity Futures Trading Commission
22 May 2026 at 7:41am UTC-4
The NHL has signed an information-sharing agreement with the Commodity Futures Trading Commission aimed at protecting the integrity of prediction markets linked to professional ...
NFL pushes CFTC for stricter prediction market oversight
18 May 2026 at 7:19am UTC-4
The NFL has submitted recommendations to the Commodities Futures Trading Commission on the regulation of sports-related prediction markets.
According to CNBC, the letter was ...
Sporttrade leaving US sports betting market
18 May 2026 at 7:12am UTC-4
Sports betting operator Sporttrade will leave the US market, according to a notice on 15 May.
In that notice, Sporttrade revealed that wagering on its platforms will cease on ...
Wisconsin’s prediction market feud could land in the Supreme Court
11 May 2026 at 7:01am UTC-4
Wisconsin’s growing legal battle over sports betting and prediction markets could ultimately be decided by the US Supreme Court, according to legal experts and company ...
Massachusetts regulator says prediction markets target young people
20 April 2026 at 8:19am UTC-4
Massachusetts Gaming Commission Chair Jordan Maynard has voiced concerns that prediction markets are targeting people younger than 21.
Maynard said that prediction market ...
Billionaire investor John Arnold says sports prediction markets harm men
20 April 2026 at 7:47am UTC-4
Philanthropist and former energy trader John Arnold warned that prediction markets and online sports betting platforms can cause harm to young men and boys, calling for federal ...
