Las Vegas culinary union backs federal bill to ban sports prediction markets
A federal ban on sports and casino-style prediction-market contracts would remove a trading channel competing with Nevada's licensed sportsbooks and casinos.
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Kalshi accused of using child protection bill to expand gaming contracts
The bill's wording on event contracts could affect how US prediction markets offer sports and casino-related products.
Nevada lawmakers introduce federal bill to ban sports event contracts
The bill would remove sports event contracts from federal exchange jurisdiction, shielding licensed sportsbooks and state gaming tax revenue from unlicensed competition.
Gambling Commission confirms settlement funds will go to Consolidated Fund
Operators and harm-prevention charities lose a funding route, as settlement money now sits within general public expenditure rather than gambling-specific projects.
Nevada congressmen propose ban on sports-based prediction markets
If enacted, the proposal would prevent exchanges from offering sports and casino-style contracts in its scope.
Riccardo Pedrizzi urges Italy to resolve territorial rules in gaming reform
Unresolved local venue rules could leave Italy’s planned gaming reform incomplete and affect concession tenders.
Nevada lawmakers propose ban on sports prediction contracts
The proposal would prohibit exchanges from listing sports and casino-style contracts.
ProphetX and Players’ Lounge add CFTC-regulated sports prediction markets
The partnership adds federally regulated sports event contracts to Players’ Lounge for eligible users in participating US jurisdictions.
Washington court grants injunction against Kalshi as prediction market scrutiny grows
The injunction and widening legislative push raise legal risk for operators treating event contracts as federally regulated derivatives rather than gambling.
CME Group CEO says sports prediction contracts resemble gambling
A US Supreme Court ruling on whether sports prediction contracts fall under derivatives or gambling law would reshape how operators and exchanges offer such products.
Nevada lawmakers introduce bill to bar sports contracts on US trading platforms
If enacted, the bill would change which sports and casino-style contracts federally registered platforms may offer.
Council of Europe backs findings of 12 World Cup betting controversies
The differing assessments raise questions about how integrity risks, including prediction-market activity, were monitored.
US senators seek sports prediction-contract ban in CLARITY Act
The senators' letter urges adding a prediction-market ban targeting sports wagers or casino-like contracts to the CLARITY Act.
Crypto.com’s OG sues Washington over event-contract oversight
The lawsuit contests Washington's authority over OG's federally approved event-contract products.
US House subcommittee holds hearing on sports event contract integrity
Congressional scrutiny of sports event contracts could reshape how operators, suppliers and investors treat prediction markets alongside licensed sportsbooks.
Nevada congressmen file Prediction Markets Are Gambling Act
The bill would add a federal barrier to sports contracts on prediction markets, affecting operators and suppliers weighing that product line.
CME chief labels sports prediction markets gambling and foresees Supreme Court case
The stance separates CME's prediction-market expansion from sports event contracts, signalling where exchange operators may draw the line as US litigation continues.
UKGC confirms gambling settlements will go to central government
Operators should note UKGC confirmed regulatory settlements will go to central government despite industry opposition.
Pennsylvania lawmakers propose prediction market rules without tax
Operators weighing prediction-market entry face a Pennsylvania proposal that would regulate the sector without a tax, unlike tax-focused states.
TAR Puglia rejects interim relief over Taranto betting licence refusal
The refusal remains in force while the court considers the underlying challenge to the betting licence decision.
Lottery associations call for prediction markets to be regulated as gambling
Prediction-market contracts that mirror betting could draw lottery operators into regulatory scope if lawmakers treat them as gambling.
GGL expands LUGAS with Dataport ahead of treaty evaluation
GGL is expanding LUGAS with Dataport to inform the first statutory gambling treaty evaluation.
CME chief calls sports event contracts gambling and questions novelty markets
Regulators face CME's CEO calling sports event contracts gambling and questioning prediction markets' economic purpose.
GGL prepares expansion of LUGAS monitoring system
Operators face expanded monitoring of transactions and cross-operator deposit thresholds under LUGAS.
CME chief distinguishes its contracts from sportsbook-style prediction markets
Investors see CME's chief executive separating its sports contracts from some sportsbook-style prediction markets.