The bill text would prohibit contracts involving any political election or contest, any sporting event or contest, and military action by the …
Sports
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Markets
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
by shayaanby shayaanThe U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues. …
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Markets
Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports
by shayaanby shayaanThe company’s head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastest-growing prediction markets. www.coindesk.com
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Regulation
Canada Tightens Prediction Market Rules, Banning Brokers from Displaying Sports Contracts
by shayaanby shayaanBrokers Must Filter the Entire Product Experience CIRO says dealers must keep unavailable contracts out of search results, recommendations and marketing, even …
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Regulation
Kalshi and Polymarket won’t be part of FTC sports gambling probe, report
by shayaanby shayaanSources familiar with the matter told The Washington Sun that the industry evaluation “is in its early stages,” and that it’s conducted …
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Regulation
Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts
by shayaanby shayaanThe opinion resolves requests across three related cases involving Coinbase Financial Markets, KalshiEX, and the United States and CFTC, with the Coalition …
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Regulation
Sixth Circuit Rules States Can Regulate Kalshi’s Sports Prediction Markets
by shayaanby shayaanHow the cases reached the appeals court Kalshi self-certified its sports-event contracts with the CFTC and began listing them, drawing scrutiny from …
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Markets
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
by shayaanby shayaanA Sixth Circuit Court of Appeals panel ruled that prediction markets’ sports-related events contracts are not swaps, and therefore aren’t subject to …
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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Regulation
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State
by shayaanby shayaanA Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for …