#event-contracts

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#cftc
fromReadWrite
1 day ago
US politics

CFTC chairman moves to clarify prediction markets position

CFTC will create clear regulatory standards supporting lawful prediction-market innovation, withdraws 2024 rule banning political and sports event contracts, and asserts exclusive federal jurisdiction.
fromBusiness Insider
1 day ago
Law

The only federal regulator that oversees prediction markets says it will ease up on Kalshi and others

CFTC Chair Michael Selig will rescind warnings to prediction-market operators and pursue new rulemaking while opposing state regulators over event contracts.
more#cftc
Venture
fromFast Company
4 months ago

Kalshi found a backdoor to sports gambling, and is throwing it open to everyone

Kalshi will offer sportsbook-style football markets—point spreads, totals, and individual touchdown scorers—by enabling tradable event contracts outside state-licensed sportsbooks.
Austin
fromAustin Monitor
4 months ago

'Party' at city hall shorted Council-required payouts to musicians - Austin Monitor

City-contracted festival organizers and staff misapplied a 2023 $200-per-musician minimum, causing local performers to be paid less than required.
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