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Policy
US Regulator Sues States Over Sports Prediction Market Regulations
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against the states of Illinois, Arizona, and Connecticut, along with several state officials, in response to their attempts to restrict prediction market operators. This move comes after Illinois, among other states, issued cease-and-desist letters to certain prediction market pro…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Three States Over Sports Prediction Market Regulation
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against the states of Illinois, Arizona, and Connecticut, as well as various state officials, in response to their efforts to restrict prediction market providers. A number of states, including Illinois, have issued cease-and-desist letters to certain prediction market operators, …
April 2, 2026, 4:24 p.m.
Policy
US Regulatory Body Takes Action Against Multiple States Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated legal proceedings against the states of Illinois, Arizona, and Connecticut, as well as various state officials, due to their efforts to restrict prediction market providers. This move follows the issuance of cease-and-desist letters by Illinois and several other states to certain prediction…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Takes Illinois, Arizona, and Connecticut to Court Over Sports Forecasting Markets
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April 2, 2026, 4:24 p.m.
Policy
CFTC Takes Legal Action Against Illinois, Arizona, and Connecticut Over Sports Prediction Market Initiatives
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April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues States Over Sports Betting Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against the states of Illinois, Arizona, and Connecticut, along with various state officials, in response to their efforts to shut down operators of prediction markets. These states, among others, had sent cease-and-desist letters to certain prediction market providers, arguing that t…
April 2, 2026, 4:24 p.m.
Policy
US Regulatory Body Takes Action Against States Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against the states of Illinois, Arizona, and Connecticut, as well as various state officials, regarding their attempts to shut down providers of sports prediction markets. The states in question, including Illinois, had previously issued cease-and-desist letters to certain predict…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against Illinois, Arizona, Connecticut, and various state officials. This action is in response to the states' efforts to shut down operators of prediction markets. The states in question, including Illinois, had issued cease-and-desist letters to certain prediction market provide…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Multiple States Over Sports Prediction Market Regulations
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against Illinois, Arizona, and Connecticut, along with various state officials, over their attempts to close down prediction market providers. The states in question, including Illinois, had issued cease-and-desist letters to certain prediction market companies, asserting that these f…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against the states of Illinois, Arizona, and Connecticut, as well as various state officials, in response to their attempts to shut down operators of prediction markets. Several states, including Illinois, have issued cease-and-desist letters to certain prediction market providers…
April 2, 2026, 4:24 p.m.