PolicyReadWriteabout 6 hours ago
Prediction Markets Face Three Federal Probes
1 min read
Prediction-market operators are under scrutiny from three federal fronts: the Supreme Court weighs related petitions, the House Oversight Committee has widened an insider-trading inquiry, and the CFTC reportedly reviews promotional programs. Casino, Tribal gaming and labor groups are also pushing back. No coordinated enforcement action has been confirmed; the court has not agreed to hear the cases.
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