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Elections News Us Election And Sports Betting With Derivatives Face Ban By Cftc | RobinsPost News & Noticias

Election Contracts and Sports Event Contracts: The Future of Regulated Event-Based Trading


The emergence of event-based trading platforms such as KalshiEX LLC and Crypto.com/Nadex has sparked a heated regulatory and policy debate over ... Read More

US Traders Flock to an Election-Betting Site They're Banned From


The agency is pushing for a clampdown on election-related betting and ... In May, the CFTC proposed banning derivatives from being used to bet on US elections and sports games. Read More

CFTC Says Sports Betting Laws An Issue for Prediction Markets


The rise of prediction markets and their event contracts is creating a legal and regulatory tangle that may not be easy to sort out. Read More

Robinhood halts rollout of Super Bowl betting contracts after CFTC request


Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl clash this weekend, after the online brokerage received a request from the U.S ... Read More

Regulator Argues It Can Scrutinize Election Betting ‘Casino’


Wagering on elections in the ... state-regulated online sports betting sites such as DraftKings, which is considering a prediction-market business of its own. The CFTC is appealing a lower-court ... Read More

U.S. State Lawmakers Seek Election Betting Bans


At least two bills have been introduced in state legislatures this year that would ban betting on elections ... s legal sports betting sites. While some of those operators offer election betting ... Read More

CFTC mulling probe of Crypto.com over Super Bowl contracts: Report


The CFTC is considering probes on sports betting event contracts ... 9 — but the CFTC could ban the contracts after that. Crypto.com, which operates a US-based derivatives exchange, followed ... Read More

Political Betting Platforms Have a Friend in Trump


Political betting markets, which facilitated more than $3 billion in total election-related bets, are poised to benefit significantly from Trump administration ties and policies, despite mounting ... Read More

Oregon’s Salinas and Merkley, Maryland’s Raskin push to ban election betting


Jeff Merkley, both Oregon Democrats, are spearheading legislation to ban betting on elections ... to us if you can. After Americans legally bet hundreds of millions on the 2024 election, two ... Read More


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