MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO …
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Sports
- DeFi Market
CFTC Launches Prediction Market Rulemaking, Issues Guidance Sports Contracts
by adminby adminThe CFTC opened a 45-day comment period on prediction market regulation and reinforced exchanges’ role in policing event contracts The Commodity Futures Trading Commission (CFTC) on Thursday took its most significant step yet toward …
- DeFi Market
Former Trump Chief Of Staff Targets Sports Prediction Markets With New Advocacy Coalition
by adminby adminGroup ‘Gambling Is Not Investing’ argues sports contracts bypass state gambling frameworks as CFTC defends federal derivatives authority A newly formed advocacy coalition led by Mick Mulvaney, who served as President Donald Trump’s White …
- Altcoin Highlights
How Prediction Markets Are Revolutionizing Sports Fan Engagement and Analytics
by adminby adminPrediction Markets Transforming Sports and Fan Interaction Prediction markets, once confined to political forecasting, are now entering the sports world in a major way. NBA star Tristan Thompson is among the most vocal advocates …
ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) to register as both a Designated Contract Market (DCM) and a Derivatives …
The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts today. The recently confirmed CFTC chair, …
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to …
