CFTC Asserts Exclusive Jurisdiction as Prediction Market Legal Wars Escalate
CFTC Chairman Michael Selig issues a "see you in court" warning to states like Nevada, claiming federal authority over sports and event-based prediction markets.
Posts by Caleb Tallman
Florida House Bill 189: Sweeping Gambling Overhaul Moves to Floor
Florida’s HB 189 nears a full House vote. Learn how the bill targets illegal slot machines, legalizes fantasy sports, and protects the state's Seminole Compact.
Nevada Sues Kalshi to Block Sports Prediction Contracts
Nevada regulators file for a restraining order against Kalshi, arguing sports event contracts constitute unlicensed gambling under state law.
CFTC Innovation Committee: Coinbase, Nasdaq, and DraftKings Join Forces
From DeFi to DraftKings: The CFTC taps industry giants to draft the rules for the "new era" of American financial markets.
Indiana Senate Passes HB 1052 to Ban Sweepstakes Casinos
The Indiana Senate voted 37-8 to pass HB 1052, a bill targeting dual-currency sweepstakes casinos. If signed, the ban takes effect July 1, 2026.
Novig Secures $75M Series B to Pivot Toward CFTC-Regulated Sports Trading
With $105M in total funding, Novig is phasing out sweepstakes for a CFTC-regulated model. Learn about their $4B trading volume and 2026 expansion.
