(Reuters) -Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between ...
Event contracts are gaining traction as a new asset class, drawing attention from traders and sparking debate over their ...
The sports betting industry is also waiting on bated breath for the latest regulatory developments in Washington on so-called event contracts. The contracts offered on prediction markets such as ...
The concerns from the head of the AGA echo comments the industry group has made to the CFTC, which has become a de facto regulator of sports wagering with the launch of sports event contracts by ...
As some companies in the so-called “predictions market” have begun to offer event futures contracts on sporting events, including the most recent Super Bowl, many observers are questioning ...
That likely played into why the Nevada Gaming Control Board sent Kalshi a cease-and-desist letter Tuesday, calling the company’s events-based contracts unlawful in the state. The American Gaming ...
Major League Baseball sent a letter to acting chairman Caroline D. Pham of the Commodity Futures Trading Commission (CFTC) ...
A New York-based company has until Friday afternoon to stop offering its “event-based contracts” in Nevada before state authorities turn to prosecuting it and its top executives. The Nevada ...
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Event contracts allow traders to bet on specific outcomes, offering opportunities to profit from predictions on everything ...
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