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Policy
US Regulatory Body Argues Sports Betting Constitutes Financial Activity, Challenges Arizona's Authority
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April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Pursues Claim That Sports Betting Falls Under Financial Jurisdiction, Challenges Arizona's Authority
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April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Financial Regulation
In a significant development, the US government is asserting that sports betting can be regulated as a financial activity rather than gambling. The Commodity Futures Trading Commission (CFTC) and the Department of Justice have filed a motion in a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agencies contend that contracts rela…
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Pursues Classification of Sports Betting as Financial Activity
None
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Finance, Not Gambling Laws
In a significant move, the US government is asserting that sports betting can be regulated as a financial activity, rather than as a form of gambling. The Commodity Futures Trading Commission and the Department of Justice have jointly filed a motion in federal court to prevent Arizona from enforcing its state gambling laws against Kalshi, a company operating a prediction market platform. The agen…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Constitutes Financial Transactions
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 and the Department of Justice have requested that a federal court intervene to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. According to the agencies, con…
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Challenges Arizona's Sports Betting Enforcement
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April 9, 2026, 6:29 a.m.
Policy
US Regulator Insists Sports Betting Falls Under Financial Jurisdiction, Challenges Arizona's Authority
None
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Financial Regulation, Not State Gaming 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 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 contend that con…
April 9, 2026, 6:29 a.m.
Policy
US Financial Regulator Challenges Arizona's Sports Betting Authority
None
April 9, 2026, 6:29 a.m.