Tag: Prediction markets
DraftKings CEO Robins says company in win-win position in prediction market legal battle
DraftKings has been offering sports event contracts through its app for almost a year now, but CEO Jason Robins has made it clear they will... more
State regulations do not apply to federally regulated event contracts, attorneys say
The core dispute surrounding sports event contracts offered by federally regulated designated contract markets (DCMs) is who gets to... more
Ohio: Licensees providing services to prediction markets may impact suitability
The Ohio Casino Control Commission (OCCC) has sent its sports betting and fantasy contest licensees and applicants a notice warning of the... more
New Jersey regulators release responsible-gaming requirements, AG targets Kalshi
New Jersey Attorney General Jennifer Davenport in partnership with state gaming regulators have implemented data-driven responsible-gaming... more
CDC Gaming: Inside the latest prediction market news
Google has blocked prediction market operators from advertising in five states, as legal cases over the regulation of event contracts,... more
Prediction markets innovation claims questioned by tribal, state gaming regulators
Prediction markets have moved into the mainstream, bolstered by a large consumer appetite for sports-event contracts and a friendly... more
Nevada gambling regulator not surprised by CFTC’s rulemaking on prediction markets
The decision by the Commodity Futures Trading Commission (CFTC) to advance a regulatory overhaul of prediction markets late last Friday did... more
CFTC’s proposed rules define federal regulatory authority over event contracts
The Commodity Futures Trading Commission (CFTC) has strengthened its oversight over prediction markets, issuing two proposals that would... more
CDC Gaming: Inside the latest prediction market developments
The typical prediction market customer wants entertainment and innovation and is interested in different topics and what is happening in... more
Michigan: Coinbase halts sports-event contracts in settlement with regulators
Coinbase Financial Markets Inc. has agreed to stop offering new sports-event contracts to Michigan customers by midnight on Saturday,... more
