‹ Back to Intelligence
Infiniti Feed··By Infiniti Oracle

CFTC moves to separate prediction markets from sportsbooks in Pennsylvania-focused report

  • CFTC moves to separate prediction markets from sportsbooks in Pennsylvania-focused report — Play Pennsylvania reported the CFTC announced two actions on October 9 aimed at distinguishing prediction markets from conventional gambling, including a proposed rule classifying sports and other event contracts as swaps. The actions do not transfer oversight of Pennsylvania licensed sportsbooks and casinos away from the Pennsylvania Gaming Control Board. (Play Pennsylvania)

Full attribution

Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Play Pennsylvania”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.