Macro Finance
CFTC Warns Prediction Markets on American-Style Casino Odds
Bloomberg Markets·August 7, 2026·1 min read
The Commodity Futures Trading Commission warned prediction markets to avoid using American-style gambling odds, as the US regulator fends off legal challenges alleging the platforms are illicit sports betting operations. The CFTC's guidance aims to distinguish prediction markets from gambling, amid ongoing legal battles over their classification.
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