by igamingreview | Jun 29, 2026 | Prediction Markets, Regulation
Gensler Supports State Control Over Prediction Market Regulation – Former SEC and CFTC Chair Gary Gensler filed an amicus brief late Thursday with the Sixth Circuit Court of Appeals. He asserted that Congress did not intend to provide the Commodity Futures...
by igamingreview | Jun 29, 2026 | Prediction Markets
Prediction Markets Face Scrutiny Over ‘Clarifications’ Leading to Investor Losses – A student reportedly lost $35,000 on Polymarket due to a contract ‘clarification’ issued after trading commenced, highlighting a contentious practice in...
by igamingreview | Jun 29, 2026 | Legal & Compliance, Prediction Markets
CFTC Sues New Mexico Over Prediction Market Jurisdiction – The Commodity Futures Trading Commission (CFTC) has initiated a lawsuit against New Mexico to prohibit the state from enforcing gaming laws against federally regulated prediction market exchanges. This...
by igamingreview | Jun 29, 2026 | Prediction Markets
Polymarket Faces $345 Million Dispute Over Iran Peace Market – Polymarket’s largest prediction market, involving $345 million in trading volume, is embroiled in a dispute concerning an Iran peace deal. Traders are contesting whether an announced agreement...
by igamingreview | Jun 29, 2026 | Business & Finance, Prediction Markets
Bernstein Projects Significant Revenue Growth for Robinhood’s Prediction Markets – Investment firm Bernstein forecasts Robinhood’s prediction market revenue to surge to $586 million in 2026, driven by high trading volumes during the FIFA World Cup....
by igamingreview | Jun 29, 2026 | Legal & Compliance, Prediction Markets
Michigan Judge Rules Sports Prediction Markets Outside CFTC Scope – A Michigan federal judge ruled that sports prediction markets do not fall under the purview of the Commodity Futures Trading Commission (CFTC). This decision favors state regulators in an...
