Congress Confronts Prediction Market Gambling Loophole: Tribal Gaming Groups Push Back on Kalshi, Polymarket Sports Contracts

CFTC Warns Prediction Markets to Stop Using American-Style Betting Odds Displays

The Commodity Futures Trading Commission issued guidance telling prediction market platforms under its oversight to stop displaying prices using American-style gambling odds (moneyline format), as the regulator seeks to distinguish regulated derivatives markets from sports betting operations amid legal challenges.

Aug 7, 20269 sourcesCrypto regulation Derivatives regulation Prediction markets Crypto regulatory agencies

CFTC Warns Prediction Markets to Stop Using American-Style Betting Odds Displays

Congress Confronts Prediction Market Gambling Loophole: Tribal Gaming Groups Push Back on Kalshi, Polymarket Sports Contracts

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CFTC Warns Prediction Markets to Stop Using American-Style Betting Odds Displays

Other sources for this story

The CFTC is Now Telling Prediction Markets How to Avoid Resembling a Sportsbook | Better Markets

CFTC tells prediction markets to drop betting-style odds displays - Northeast Times

CFTC Issues Warning to Prediction Markets Over “Moneyline” Betting Odds - Crypto Economy

CFTC Warns Prediction Markets on American-Style Casino Odds (1)

CFTC cautions prediction markets over using American-style 'moneyline' betting odds: Bloomberg

CFTC Warns Prediction-Market Platforms Against Using American-Style Gambling Odds

CFTC Tells Prediction Markets: If It's a Derivative, Don't Make It Look Like a Bet

CFTC reminds prediction markets to clean up their pricing disclosures

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