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CFTC Warns Prediction Markets to Drop American-Style Gambling Odds

CoinCentral·August 8, 2026·1 min read
CFTC Warns Prediction Markets to Drop American-Style Gambling Odds

The CFTC warned prediction market platforms to stop using American-style moneyline betting odds and avoid deceptive practices. Kalshi said it will comply with the CFTC's guidance by the deadline. New York's attorney general sued Kalshi for allegedly running an illegal gambling business.

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