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Legal Challenges Against CFTC's Betting Ban Filed by End of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Court filings or major legal news outlets
Story
CFTC to Propose Ban on Election and Sports Betting Derivatives, Impacting PredictIt, Polymarket, Insight Prediction
May 11, 2024, 02:38 PM
The Commodity Futures Trading Commission (CFTC) is set to propose a ban on derivatives related to election outcomes and sports events in the US. This move could impact platforms like PredictIt, Polymarket, and Insight Prediction. The ban aims to restrict trading on events, with concerns raised about limiting access to predictive market information.
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Similar markets
Yes, CFTC imposes the ban • 50%
No, CFTC does not impose the ban • 50%
Yes • 50%
No • 50%
No action taken • 33%
Fined for oversight failures • 33%
License suspension or revocation • 34%
