CFTC warns prediction markets over sportsbook-style odds
The CFTC has told regulated event-contract firms that sportsbook-style odds could mislead traders and breach federal rules.
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.
The CFTC has told regulated event-contract firms that sportsbook-style odds could mislead traders and breach federal rules.
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