City of Baltimore Goes After Prediction Markets for Sports Betting

City of Baltimore Goes After Prediction Markets for Sports Betting

Baltimore authorities filed a lawsuit arguing against the CFTC’s authority over prediction market companies, in another legal action challenging claims by the federal regulator.

IGA Chair David Bean on next steps for tribes in prediction markets fight

The proliferation of sports event contracts from prediction markets creates uncertainty for federally recognized tribes, prompting discussions about how they can respond to threats to tribal sovereignty. On Wednesday, tribal responses to the rapid expansion of sports event contracts was discussed on The New Normal webinar hosted by Indian Gaming Association (IGA) Conference Chairman Victor Rocha and IGA Executive Director Jason Giles. This week’…