Latest News and Updates from the CFTC
AI-GENERATEDUS Regulator CFTC Files New Prediction Market Rules for White House Review
The CFTC aims to clearly separate casino products from prediction markets. Meanwhile, CBS News is already using Kalshi data for the 2026 elections.
AI-GENERATEDCFTC Seeks New Event Contract Definitions to Combat State Gambling Claims
US regulator CFTC is proposing rules to define prediction market contracts as financial swaps, aiming to bypass state-level gambling classifications for platforms like Kalshi.
AI-GENERATEDCasino Giants at a Crossroads: Caesars and MGM Discuss M&A Strategies
Top CEOs at the Global Gaming Expo in Las Vegas discuss the benefits of going private and the impact of quarterly reports. Fertitta offers $31 per share.
AI-GENERATEDNew York Sues Polymarket for Operating Illegal Gambling Site
New York Attorney General Letitia James is suing prediction market Polymarket, alleging unlicensed gambling activities and targeting users under the legal age of 21.
AI-GENERATEDUS Regulator Warns of Manipulation Risks in Mention Markets on Prediction Exchanges
The CFTC has flagged contracts based on spoken words and gestures as high risk. A former teleprompter operator was recently ordered to return over $107,000 in illicit profits.
AI-GENERATEDUS Problem Gambling Council Defends Prediction Market Membership Despite Industry Backlash
The National Council on Problem Gambling (NCPG) stands firm on its new membership category for prediction markets, funded by a $2 million industry grant.
AI-GENERATEDUS Crypto Regulations: CFTC Launches Plan B Following CLARITY Act Defeat
The CFTC is pushing forward with a new rulemaking package for crypto markets after the CLARITY Act failed in the Senate by a 49-50 margin.
AI-GENERATEDStartups Defy Cost-Cutting Trend: Millions Invested in iGaming Tech
While giants like Entain slash jobs, startups like ProphetX and Onyx Odds raised over $79.9 million for AI and compliance solutions.
AI-GENERATEDMissouri AG Targets Prediction Markets Over Illegal Sports Betting Allegations
Missouri Attorney General Catherine Hanaway has issued cease-and-desist letters to six companies, including Polymarket and Robinhood, for operating unlicensed sports betting.
AI-GENERATEDUS Tribes Clash With CFTC: Frustration Grows Over Event Contract Regulations
Leaders from 17 tribal organizations met with the CFTC in September 2026 to voice concerns about prediction markets threatening tribal gaming exclusivity.
AI-GENERATEDPrediction Markets at the Supreme Court: Crypto.com and Robinhood Demand Clarity
Major platforms including Crypto.com and Robinhood are pushing the U.S. Supreme Court for a definitive ruling on event contracts as 44 Attorneys General challenge federal oversight.
AI-GENERATEDProphetX Brings Regulated Sports Markets Fully to Solana Blockchain
Following a new integration with Agg Market, 100% of ProphetX sports contracts are now available on Solana, including major leagues like NFL and NBA.
AI-GENERATEDSydney Sweeney Joins Novig: A New Era for Sports Prediction Markets
Actress Sydney Sweeney becomes an equity partner at Novig, a sports-only prediction market that secured CFTC accreditation in July.
AI-GENERATEDGeorge Santos and Bill Simmons: How Prediction Markets Rebrand Gambling
High-profile controversies in the US reveal how prediction markets blur the lines between finance and gambling. George Santos faces over $80,000 in fines.
AI-GENERATEDTexas Senate Committee Probes Gaming Access and Predictive Platforms
A Texas Senate committee is investigating providers like Polymarket and DraftKings to enforce stricter age verification and potential bans for minors.