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Policy
US Regulator Argues Sports Betting Falls Under Financial Regulation, Not State Gaming Laws
The US government has made a clear stance that sports betting can be regulated as a financial activity rather than gambling. In a recent court filing, the Commodity Futures Trading Commission and the Department of Justice requested a federal court to prevent Arizona from enforcing its state gaming laws against Kalshi, a prediction market operator. The agencies argue that contracts related to spor…
April 9, 2026, 6:29 a.m.
Policy
US Government Asserts Sports Betting as a Financial Matter, Seeks to Halt Arizona's Enforcement
The US government has made its most compelling argument to date that wagering on sports can be regulated as a financial activity, rather than as a form of gambling. In a recent court filing, the Commodity Futures Trading Commission (CFTC) and the Department of Justice requested that a federal court intervene to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market o…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Be Classified as Finance, Not Gambling
The US government is now explicitly stating that sports betting can be regulated under financial laws rather than gambling laws. In a recent court filing, the Commodity Futures Trading Commission and the Department of Justice have requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. They argue that contracts related to sports,…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Insist Sports Betting Falls Under Financial Regulation, Not Gaming Laws
The US government has made a significant move in asserting that sports betting can be regulated under financial laws rather than gambling laws. In a recent court filing, the Commodity Futures Trading Commission (CFTC) and the Department of Justice have requested a federal court to prevent Arizona from enforcing its state gambling laws against Kalshi, a prediction market operator. The agencies con…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Insist Sports Betting Constitutes Financial Transactions, Not Gambling
The US government has made its strongest assertion to date that sports betting can be regulated under financial laws rather than gambling laws. In a recent filing, the Commodity Futures Trading Commission and the Department of Justice requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agencies contend that contracts link…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Insist Sports Betting Falls Under Financial Oversight, Not Gambling Laws
The US government has made its strongest argument to date that sports betting should be regulated as a financial activity, rather than gambling. In a recent court filing, the Commodity Futures Trading Commission (CFTC) and the Department of Justice have requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agencies contend …
April 9, 2026, 6:29 a.m.
Policy
US Regulators Insist Sports Betting Falls Under Financial Regulation, Not State Gaming Laws
The US government has made a strong case for regulating sports betting as a financial activity, rather than a form of gambling. In a recent court filing, the Commodity Futures Trading Commission (CFTC) and the Department of Justice have requested a federal court to prevent Arizona from enforcing its state gaming laws against the prediction market operator Kalshi. The agencies argue that contracts…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Assert Sports Betting Falls Under Financial Oversight
The US government has made a clear stance that sports betting can be regulated under financial laws rather than gambling laws. In a recent court filing, the Commodity Futures Trading Commission and Department of Justice requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agencies argue that contracts related to sports, el…
April 9, 2026, 6:29 a.m.
Policy
US Government Argues Sports Betting Should be Regulated as Finance, Not Gambling
The US government has made its strongest argument to date that sports betting should be regulated under financial laws, rather than those governing gambling. In a recent court filing, the Commodity Futures Trading Commission and Department of Justice have requested that a federal court intervene to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The …
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Argues Sports Betting Constitutes Financial Activity, Seeks Arizona Exemption
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April 9, 2026, 6:29 a.m.