CFTC Warns Polymarket, Kalshi Against American-Style Gambling Odds Amid State Scrutiny

The U.S. Commodity Futures Trading Commission (CFTC) has issued a warning to its regulated entities that offer prediction markets over using American-style gambling odds. This comes as states continue to crack down on these platforms, alleging that they are operating unlicensed sports betting businesses. Ad Ad CFTC Issues Warning To Prediction Markets Amid State Crackdown