Gary Gensler says sports prediction markets fall outside CFTC swap rules

2026-6-12 10:28

Former U.S. Commodity Futures Trading Commission Chair Gary Gensler has joined a growing list of groups challenging sports prediction markets, arguing in a new court filing that Congress never intended federal derivatives laws to cover sports betting contracts. According to… origin »

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Wisconsin Asks Court to Temporarily Block Trading of Sports Event Contracts on Coinbase, Kalshi, and Robinhood

Wisconsin’s anticipated motion for injunctive relief calls trading of prediction markets connected to sporting events “open, repeated, ongoing criminal violations” of the state’s laws. The post Wisconsin Asks Court to Temporarily Block Trading of Sports Event Contracts on Coinbase, Kalshi, and Robinhood appeared first on DeFi Rate.

2026-6-10 10:26


DraftKings Railbird Exchange Files First Sports Prediction Market Contracts

The filings, posted ahead of a planned May 27 listing date, lay out winner, spread, prop, stat, achievement and head-to-head markets across major sports as DraftKings Predictions moves closer to launching contracts from its own exchange The post DraftKings Railbird Exchange Files First Sports Prediction Market Contracts appeared first on DeFi Rate.

2026-5-27 18:49


New Broker Filings Fuel Distribution Race Across Prediction Markets

Prediction market expansion in the U.S. is unfolding not just through new exchanges, but also through companies applying to act as intermediaries. A growing group of firms spanning news media, sports streaming and gaming have recently filed for introducing broker (IB) status with the National Futures Association (NFA), a move that would allow them to […] The post New Broker Filings Fuel Distribution Race Across Prediction Markets appeared first on DeFi Rate.

2026-4-25 17:35


Winter Olympics Betting Heat: How Spartans Outshines bwin and BetTOM with Crypto Speed, and 33% CashRake Rewards

In the fast-paced world of online sports betting, finding platforms that combine reliability, variety, and innovation is key for every bettor. Platforms like bwin and BetTOM offer structured options for traditional players bwin with its long-standing sportsbook and casino offerings, and BetTOM focusing on simplicity and accessible UK markets.

2026-2-17 21:00