Prediction markets are at a turning point.

The CFTC just issued new guidance on event contracts, including sports-related markets. Days later, Arizona brought criminal charges against Kalshi, adding another layer to an already complex legal landscape.

The bigger picture: growing tension between federal and state authorities and real questions about how these markets will be regulated going forward.

We break it all down in our latest post.
#CFTC #SportsBetting
https://www.zwillgen.com/gaming/cftc-looks-add-regulatory-guardrails-prediction-markets-arizona-brings-criminal-charges/