By The Weekly Edge desk ·
Gambling Insider reported that the CFTC’s proposed prediction-market rule received 1,443 comments. Lawmakers, state attorneys general and tribal groups sought withdrawal, while sports leagues asked for stronger integrity protections.
The responses present competing demands for the proposed federal prediction-market framework.
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Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.
The lawsuit contests whether Wisconsin’s gambling laws apply to Novig’s sports contracts or federal commodities jurisdiction takes precedence.
Kalshi imposed a permanent ban and financial penalty over alleged manipulation involving Santos’s trading and public attendance statements.
The filed rules would add a uniform minimum age and further trading protections at Ludlow Exchange.
The framework brings responsible-trading requirements into Novig’s exchange operations.