CFTC proposes expanding swap definition to cover event contracts, excluding casino-style bets
The CFTC published a proposed rule that would classify sports event contracts as swaps while codifying that casino-style wagers fall outside the swap definition
Altcoin Buzz · +14 outlets
NFL and 40 states urge Supreme Court to take up prediction market oversight fight
The NFL, joined by dozens of state attorneys general and gaming groups, filed briefs asking the Supreme Court to let states regulate sports prediction markets r
Newsweek · +14 outlets
Blockchain.com files with CFTC for DCM and FCM licenses to offer US prediction markets
Blockchain.com applied for CFTC designations to operate a US event-contract exchange and crypto derivatives business, joining a crowded field of venues seeking
CoinMarketCap · +14 outlets
Seminole Tribe sues DraftKings over Florida prediction market offering
The Seminole Tribe of Florida filed suit against DraftKings, arguing its prediction market product infringes on the tribe's exclusive gaming rights in the state
World Casino News · +14 outlets
Dodd and Gensler tell Supreme Court Dodd-Frank did not make CFTC a gambling regulator
Former CFTC officials Chris Dodd and Gary Gensler filed an amicus brief arguing Congress never intended the agency to police casino-style gambling when it wrote
SCCG Management · +13 outlets
Google bans prediction market ads in Connecticut, the fifth US state excluded
Google added Connecticut to the list of states where it will not run prediction market advertising, expanding restrictions now covering five states.
PPC Land
Coinbase halts Michigan sports event contracts as of Oct. 10
Coinbase stopped offering Michigan sports event contracts, following state pressure on prediction market products operating outside gaming frameworks.
PlayUSA · +14 outlets
Ohio targets 10 prediction market operators after Sixth Circuit win
Ohio regulators moved against ten prediction market platforms after a favorable Sixth Circuit ruling, part of a widening state-by-state enforcement push.
PlayUSA · +9 outlets
Michigan issues cease-and-desist letters in illegal gambling crackdown
Michigan gaming regulators sent cease-and-desist notices targeting unlicensed gambling operations, adding to state-level enforcement against offshore and gray-m
Gaming Intelligence · +14 outlets
NBA seeks access to prediction market data to detect manipulation
The NBA is asking for access to prediction market trading data so it can monitor for manipulation tied to its games.
Crypto Briefing · +6 outlets
Ex-White House teleprompter operator to pay $172,000 to settle CFTC probe
A former White House teleprompter operator agreed to pay $172,000 to resolve a CFTC investigation, the agency announced.
Reuters · +3 outlets
Nevada to remove National Council on Problem Gambling references from state materials
Nevada regulators plan to strip references to the National Council on Problem Gambling, a change in how the state frames responsible gambling resources.
Casino.org