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France Football investigates suspected betting irregularities around Ballon d’Or

Regulation

France Football has opened an investigation into suspicious betting patterns around the Ballon d’Or, reportedly, and said French police would also be involved. The report says 12 Polymarket accounts wagered a combined $264,000 on the final top-five ranking, while seven accounts bet only on that event.

The investigation into suspicious betting patterns may increase scrutiny of Polymarket wagers linked to the Ballon d’Or.

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Regulation

US election leaves prediction market legal disputes before courts

The US mid-term election brought Democrats control of the House and Senate, while state regulators and prediction-market operators continue to dispute the legality of sports event contracts. New Jersey Attorney General Jennifer Davenport asked the Supreme Court in September to review whether federal law prevents states from regulating those contracts; a law professor quoted in the report said he expects the court to hear the challenge.

New Jersey Atty. Gen. Jennifer Davenport petitioned the Supreme Court in September to consider whether states may regulate sports offerings on prediction markets. Democrats took control of both the House and the Senate in the mid-term election.

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