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Policy
US Regulators Argue Sports Betting Falls Under Financial Law, 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 and the Department of Justice have requested a federal court to prevent Arizona from enforcing its state-level gambling laws against Kalshi, a prediction market operator. The agencies contend that contract…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Financial Oversight
The US government is now explicitly stating that sports betting can 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 state gaming laws against Kalshi, a prediction market operator. The agencies contend that contracts…
April 9, 2026, 6:29 a.m.
Policy
US Regulator Insists Sports Betting Falls Under Financial Jurisdiction, Challenges Arizona's Stance
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April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Constitutes Financial Transaction, Seek to Halt Arizona Enforcement
The US government has made its most explicit assertion to date that sports betting can be regulated under financial law rather than as a form of 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 gambling laws against Kalshi, a prediction market operator. The agencies contend th…
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Claims Sports Betting Constitutes Financial Activity, Challenges Arizona
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April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Be Regulated as Finance, Not Gambling
The US government is making a strong case for regulating sports betting as a financial activity rather than gambling. In a recent court filing, the Commodity Futures Trading Commission (CFTC) 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 related to sports…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Financial Oversight
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 gambling laws against Kalshi, a prediction market operator. The agencies argue that contracts relat…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Fall Under Financial Oversight
The US government has made its strongest assertion yet that sports betting can be regulated as a financial activity, rather than as a form of gambling. 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 the prediction market operator Kalshi. The agencies contend…
April 9, 2026, 6:29 a.m.
Policy
US Regulator Insists Sports Betting Falls Under Financial Jurisdiction, Challenges Arizona's Authority
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April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Pursues Classification of Sports Betting as Financial Activity
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April 9, 2026, 6:29 a.m.