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.
Gaming
The CFTC considers next steps after judge rules that event contract bets on elections are not prohibited "gaming."
The Nordic countries have adopted a joint declaration on measures to deepen cooperation between the authorities.
Regulator proposes a prohibition on some event contracts, citing public interest considerations in preventing their listing and clearing.
Enforcement
Premium
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.
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).