Location: +United States
State, federal governments step up scrutiny of prediction markets
WASHINGTON (AP) — As the United States was preparing a daring mission to rescue an airman whose fighter jet was shot down by Iran, there... more
Event bets pose a problem for Wall Street firms looking to trade
Prediction markets are booming. Wagers on everything from the return of Jesus Christ to who will win the World Cup have driven weekly... more
Former CFTC chair talks prediction markets: ‘Betting on sports is gaming’
The former chairman of the Commodity Futures Trading Commission (CFTC) said prediction markets weren’t initially intended to offer... more
How gambling threatens military careers and readiness
Military mental health clinicians and public health researchers are flagging problem gambling as an under-recognized driver of distress in... more
FanDuel registers new interest in prediction market contracts, without CME involved this time
FanDuel has filed to create a new futures commission merchant (FCM) to offer prediction market contracts from a registered exchange. Unlike... more
Billionaire investor warns sports prediction markets harm men
John Arnold, the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he’s... more
Prediction-market fears dominate Atlantic City conclave
Despite uncertainty about the macroeconomic picture, casino-industry leaders believe the business is “well-positioned” in the near term.... more
Kindbridge webinar: Financial stress may indicate gambling issues
Dr. Timothy Fong, a professor of psychiatry at UCLA’s Semel Institute for Neuroscience and Human Behavior, recently spoke to a teenager... more
Are Nevada regulators illegally keeping Kalshi out of state? Federal judges skeptical in hearing
Three 9th Circuit Court of Appeals judges appeared skeptical of arguments by attorneys for Kalshi and two other prediction markets that... more
House Democrats hammer CFTC chair on prediction markets
House Democrats Thursday peppered Commodity Futures Trading Commission (CFTC) Chairman Michael Selig with questions about the legality of... more



