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Policy
US Regulators Argue Sports Betting Should Fall Under Financial Oversight, 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 (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 …
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Challenges Arizona's Sports Betting Enforcement
None
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Be Classified as Finance, Not Gaming
The US government has made its strongest argument to date 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. The agencies contend that cont…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Falls Under Financial Regulation, Not Gaming Law
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 intervene and prevent Arizona from enforcing its state gaming laws against Kalshi, a prediction market operator. The argument centers …
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Should Be Classified as Finance, Not Gaming
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 gaming laws against Kalshi, a prediction market operator. The agencies contend that contracts rela…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Argue Sports Betting Constitutes Financial Transaction, Seek Federal Oversight
The US government has made its strongest assertion to date that sports betting can be regulated 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 requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agencies contend that…
April 9, 2026, 6:29 a.m.
Policy
US Regulators Insist Sports Betting Falls Under Financial Regulation, Not Gambling
The US government has made its strongest argument to date that sports betting should 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 have requested a federal court to prevent Arizona from enforcing its gambling laws against Kalshi, a prediction market operator. The agen…
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 and 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 that contracts related to sports, elec…
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 case to date for regulating sports betting 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 have requested that a federal court intervene to prevent Arizona from enforcing its state gaming laws against Kalshi, a prediction market operator. The…
April 9, 2026, 6:29 a.m.
Policy
US Regulatory Body Challenges Arizona's Sports Betting Enforcement
None
April 9, 2026, 6:29 a.m.