Better Markets Backs State Oversight Over CFTC

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A financial reform advocacy group is urging courts to keep oversight of gambling-style online markets at the state level, arguing that a federal commodities regulator lacks both the authority and capacity to manage them. Better Markets made its case in an amicus brief supporting Massachusetts in a growing legal dispute over prediction markets, platforms where […]


Kalshi backed poll says Americans favor federal oversight of prediction markets amid state disputes

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A new poll from the prediction market operator Kalshi shows that most Americans want access to prediction markets and would rather see them overseen by the federal government instead of state gambling regulators. The timing isn’t a coincidence. The results come at a time when gaming commissions in several states are debating whether these markets […]