The Fanatics Markets platform is powered by CFTC-registered exchange Crypto.com and Derivatives North America, currently available across 23 states and four US territories.
Norwegian politicians and addiction experts are calling for stricter rules on prediction markets, warning that the largely unregulated platforms could pose risks to player protection and financial crime prevention.
Kalshi and Coinbase were previously banned from offering event contracts related to sports, entertainment and elections in the state of Nevada as a result of preliminary injunctions.
The Commission stated it has ‘clear and longstanding’ authority to regulate event contracts, previously intervening with cases in Arizona, Connecticut, Illinois, New York and Minnesota.
The deal seeks to introduce new football-related prediction content and experiences to the platform.
The topic will likely come up again in the Autumn Europe Regulators Roundtable, too.
The non-tradable index combines current US political control with market forecasts as lawmakers examine prediction-market oversight.
Mike Dreitzer spoke during a candid conversation on gaming regulation with LGCB Chairman Christopher Hebert, touching on prediction markets and optimism for the industry’s future.
Michele Spagnuolo, a software engineer linked to AI security projects at Alphabet, faces federal charges including wire fraud and money laundering after allegedly placing bets using internal Google information.
Governor Stein addressed prediction markets alongside updates on NC’s law enforcement and military.