Kalshi's sports betting prediction market, in partnership with Robinhood, has seen significant success, reporting $249 million in contracts during the first two rounds of the NCAA College Basketball Tournament. Kalshi's...more
The Missouri Gaming Commission's plan to implement emergency rules for sports wagering has been delayed due to a dispute with the Missouri Secretary of State, Denny Hoskins. Hoskins rejected the emergency rules, stating there...more
3/5/2025
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Acting Chair Named for CFTC Opens Door to Event Contracts While Departing Chair Cautions Against Expansion Commissioner Caroline D. Pham has been named as Acting Chair of The Commodity Futures Trading Commission, effective...more
Recent Developments CFTC Steps Up its Watch on Election Betting MA Online Lottery Implementation Delayed Tennessee Issues Fine, C&D to Bovada Judge Rejects Attempt to classify Musk $1 million giveaway as an Illegal Lottery...more
The Commodity Futures Trading Commission (CFTC) recently voted to issue a new rule proposal which would serve to ban event contracts on political elections, as well as sporting events, awards, and more. The CFTC has...more