Prediction Markets Weekly Roundup: CFTC Escalates New York Fight as State Challenges Mount

Kalshi suffered setbacks in Connecticut and Washington during a week that also brought new lawsuits, football contract filings and further industry expansion. New York continued to be the center of prediction market litigation this week, headlined by an extraordinary Commodity Futures Trading Commission (CFTC) intervention in the Kalshi battle, a New York City Council probe […] The post Prediction Markets Weekly Roundup: CFTC Escalates New York Fight as State Challenges Mount appeared first on Gambling Insider.

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