BUSINESSDECRYPT
Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
A Michigan federal judge ruled that sports prediction markets are not under the jurisdiction of the Commodity Futures Trading Commission (CFTC). The judge also determined that Polymarket is unlikely to succeed in its legal case against Michigan state regulators.
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- CFTC sues New Mexico over prediction market jurisdiction
- Gary Gensler Backs States in Fight Over Prediction Market Regulation
- CFTC sues New York over bid to apply gambling laws to prediction markets
- CFTC pulls Wisconsin into fight over prediction market jurisdiction
- Wisconsin Sues Prediction Markets Over Sports Betting Contracts