POLITICSMICHIGAN ADVANCE
Trump administration proposes new rules for prediction markets
The Trump administration proposed new regulations for online prediction markets that would ban bets on war and terrorism but allow many sports bets. Critics argue the rules are insufficient to address jurisdictional conflicts between states and federal regulators. Minnesota was the first state to outlaw prediction markets.
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- Trump administration’s new prediction market rules hand the industry ‘almost everything it wants’
- Minnesota bans prediction markets
- CFTC unveils sweeping rule proposal for fast-growing prediction markets
- Minnesota becomes first state to ban prediction markets
- Prediction markets are fueling a high-stakes brawl between states and federal regulators
- CFTC proposes new rules for prediction markets