Gaming
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Bipartisan bill seeks to ban sports bets on prediction markets
The bill, “The Prediction Markets Are Gambling Act,” would clarify that, under US law, no CFTC-registered entity can list a contract that closely resembles a sports bet or a casino-style game.
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Election betting paused as CFTC considers appeal
The CFTC considers next steps after judge rules that event contract bets on elections are not prohibited “gaming.”
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Nordic DPAs join forces on AI and children’s data protection
The Nordic countries have adopted a joint declaration on measures to deepen cooperation between the authorities.
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Contracts involving political events in CFTC cross-hairs
Regulator proposes a prohibition on some event contracts, citing public interest considerations in preventing their listing and clearing.
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Activision Blizzard charged $35m for disclosure control failings and violating whistleblower rule
The gaming company failed to implement necessary controls to collect and review employee complaints about workplace misconduct.
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Epic Games to pay $275m penalty for violating children’s privacy law
Epic Games, the developer of Fortnite, has been hit with the largest civil penalty ever imposed for a Children’s Online Privacy Protection Act (COPPA).