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Sporttrade chief discusses prediction markets and tribal role in US gaming

Regulation

Sporttrade chief executive Alex Kane discussed prediction markets and tribal involvement in gaming during an Indian Gaming Association webinar. Kane said Sporttrade operates as a state-licensed sportsbook in five states and had asked the Commodity Futures Trading Commission in April to allow it to operate as a designated contract market.

Sporttrade’s request to change its regulatory status bears on how US sports event markets may be structured.

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Heather Maurer leaves NCPG chief executive role on 16 October

Heather Maurer will leave her role as chief executive of the National Council on Problem Gambling (NCPG) on 16 October. Her departure follows the organisation’s announcement of a $2m partnership with Kalshi several months earlier.

Heather Maurer will leave her position as chief executive of the National Council on Problem Gambling (NCPG) on 16 October, the organisation announced on 28 September. She will remain with the NCPG until that date to support the handover of her work. The NCPG has not disclosed why Maurer is stepping down and has begun the search for a successor.

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