CFTC formally splits sportsbooks from prediction markets
CFTC rule taking licensed sportsbook and casino wagers out of the swap definition takes effect October 19.
by Editor
Prediction Markets
Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
Taiwan blocks Kalshi, Coinbase sites over election bets
A New Taipei court authorises website blocks on Kalshi and Coinbase six weeks before Taiwan's 28 November local elections.
by Editor
Google blocks prediction market ads in Connecticut
Connecticut becomes the fifth US state where Google bars prediction market ads, effective October 7, even for federally regulated...
by Editor
Hacksaw bets on prediction markets as growth cools
Hacksaw launches a B2B prediction markets platform with an MGA-approved licence extension, days after flagging slower Q3 growth.
by Editor
CFTC splits sportsbooks from sports event contracts
The CFTC excludes licensed sportsbook wagers from the swap definition and proposes treating sports event contracts as swaps.
by Bianca Máthe
Seminole Tribe takes DraftKings and Robins to court
Florida's exclusive sports betting operator says DraftKings has rebranded a sportsbook as prediction markets and wants its profits back.
by Bianca Máthe
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