Prediction markets dominate G2E debate in Las Vegas
By SectorWire desk ·
Summary
Prediction markets dominated discussions at Global Gaming Expo in Las Vegas, which ran from 28 September to 1 October. Polymarket, Kalshi and Robinhood are seeking court orders to block state enforcement against their sports-event contracts. State gaming regulators allege these products constitute illegal sports betting, while the CFTC claims exclusive jurisdiction.
Why it matters
The dispute pits state gambling enforcement against the CFTC’s claim of exclusive jurisdiction over sports-event contracts.