Federal Government Sues Illinois, Connecticut, Arizona Over Prediction Markets Regulation
The federal government has escalated the prediction market battle, suing three states and setting up a direct clash over who controls the emerging sector. The Commodity Futures Trading Commission (CFTC) has stepped directly into the prediction market dispute,
The federal government has escalated the prediction market battle, suing three states and setting up a direct clash over who controls the emerging sector. The Commodity Futures Trading Commission (CFTC) has stepped directly into the prediction market dispute, filing lawsuits against Arizona, Connecticut, and Illinois, in what it describes as an intrusion on its “exclusive […] The post Federal Government Sues Illinois, Connecticut, Arizona Over Prediction Markets Regulation appeared first on Gambling Insider.