CFTC prediction market proposal faces opposition
A proposal from the U.S. Commodity Futures Trading Commission to establish federal boundaries for sports and other prediction market contracts has drawn opposition from various groups.
Daily betting and casino industry insights, straight to your inbox.
Subscribe
A proposal from the U.S. Commodity Futures Trading Commission to establish federal boundaries for sports and other prediction market contracts has drawn opposition from various groups.
Pennsylvania is looking out to find new ways to reduce gambling-related harm, as the commonwealth is raising the alarm over the incidence of people experiencing such issues.
The prediction market sector is under rising scrutiny from lawmakers, regulators, and parts of the gaming industry.
A bill in Colorado targeting sportsbook restrictions moves to the Senate floor without a ban on prop betting.