CFTC denied preliminary injunction in Wisconsin, judge rules case
The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin’s efforts to shut down prediction market platforms in the state.
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The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin’s efforts to shut down prediction market platforms in the state.
In a letter sent to the Commodity Futures Trading Commission (CFTC), a coalition of 44 state attorneys general argued that the agency lacks the authority to regulate sports-related event contracts offered on prediction market platforms.
Rush Street Interactive’s CEO confirmed Wednesday that the company applied for designated contract market (DCM) registration with the Commodity Futures Trading Commission (CFTC).
Friday’s preliminary injunction barring Minnesota from implementing its unique law banning all prediction markets chalks another tally for Kalshi, Polymarket and the Commodity Futures Trading Commission (CFTC) on the ever-expanding U.S. court scoreboard.
The National Football League has urged the Commodity Futures Trading Commission to strengthen proposed prediction market regulations, warning that the framework does not adequately address manipulation, insider trading and consumer risks tied to sports contracts.
The polarizing legal war pitting prediction markets and the Commodity Futures Trading Commission against states continues to dominate US courts.
The National Football League has reportedly expressed dissatisfaction with the Commodity Futures Trading Commission's recent prediction market rule-making.
Fanatics is bringing its prediction market technology in-house by acquiring a trading exchange and clearinghouse that is registered with the Commodity Futures Trading Commission (CFTC).
The American Gaming Association has urged Congress to prevent prediction market platforms from offering nationwide sports betting through contracts regulated by the Commodity Futures Trading Commission.
Prediction platform Kalshi’s troubles in Michigan appear far from over. A local court recently ordered the company to suspend all contracts on sports events and geofence state residents by August 12, 2026.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
Prediction market operators appear to hold all the high cards in their battle with sportsbook operators.