New York-based KalshiEX LLC, which offers “event-based contracts” that resemble sports bets, is getting a deadline extension ...

The CFTC is reviewing the legality of sports event contracts. The post MLB Asks CFTC to Ensure ‘Integrity’ of Bets on ...

Major League Baseball (MLB) has asked the Commodity Futures Trading Commission (CFTC) for an integrity framework for sports ...

Sports prediction markets ignite heated debate over regulation, enforcement and rights ahead of CFTC roundtable ...

As some companies in the so-called “predictions market” have begun to offer event futures contracts on sporting events, including the most ...

Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by ...

DraftKings' NFA registration is pending, and its next move will likely be determined by the CFTC's upcoming ruling on event ...

Prediction markets are expanding into sports after successfully forecasting the presidential election, but that may not be a ...

A growing number of individual investors are gravitating to new products that are blurring the lines between investing and ...

DraftKings has registered a new entity, ‘DraftKings Predict’, with the National Futures Association (NFA), signaling its ...

Major League Baseball has stressed to the CFTC the need for a safe framework covering sports offerings from prediction ...