Sporttrade applies to CFTC to offer event contracts nationwide
Less than a year after sending a letter to the Commodity Futures Trading Commission (CFTC) requesting authorization to provide sports event contracts to avoid...
New York regulator will consider banning some bets, calls on leagues
The New York State Gaming Commission (NYSGC) is reviewing all player prop bets and same-game parlays and stated that it will consider eliminating some...
Nevada regulator sues Coinbase over sports event contracts
Coinbase is the latest company offering event contract trading to be sued by Nevada’s gaming regulator for allegedly offering unlicensed wagering in the state.The...
New York AG warns public that prediction markets are ‘masquerading’
In the lead-up to the Super Bowl, the Attorney General of the biggest online sports betting market in the U.S. warned that using prediction...
Tennessee bill would criminalize influencing outcomes for event contract trading
A lawmaker in Tennessee introduced legislation to try to combat the manipulation of events tied to prediction market trading.Sen. Ferrell Haile filed Senate Bill...
BetMGM announces zero-tolerance policy on athlete harassment
BetMGM is aiming to combat betting-related harassment toward athletes by implementing a new policy.The MGM Resorts and Entain joint venture announced an update to...
VGW CEO Escalante temporarily relinquishes role amid arrest
Less than six months after acquiring full ownership of Virtual Gaming Worlds (VGW), founder Laurence Escalante is temporarily stepping down as CEO following his...
NBA star Devin Booker bets $1M on NFL amid league gambling woes
NBA superstar Devin Booker is betting big on Super Bowl LX with a wager on Fanatics Sportsbook, as the world’s premier basketball league is...
CFTC will build prediction market framework, could join court battles
The chairman of the Commodity Futures Trading Commission (CFTC) said on Thursday that he intends to steer the derivatives regulator towards embracing event contracts...
Ohio Gov. DeWine considers legalizing sports betting his ‘biggest regret’
Ohio Gov. Mike DeWine reignited his claim that online sports betting is detrimental to the well-being of state residents and the athletes who partake...




















