iGaming Daily Ep 716: Prediction Markets, the CFTC and the Future of US Sports Betting Regulation
In today’s episode of iGaming Daily, SBC Media Manager Fernando Noodt is joined by SBC Americas Senior Business Journalist Tom Nightingale and SBC Americas Business Journalist Justin Byers to discuss the growing tension between federal regulators and state gaming authorities as prediction markets take centre stage in the US betting landscape following the CFTC Chair’s surprise amicus brief in the Crypto.com case and what it could mean for the future of sports-related contracts nationwide.
Tune in to today’s episode to find out:
- What prompted the CFTC Chair to file an amicus brief in the Crypto.com case and why it marks a notable shift in tone
- Whether the CFTC’s stance represents a calculated legal strategy or a broader political signal
- How lawmakers are reacting to the potential expansion of federally regulated prediction markets
- What’s at stake in the Ninth Circuit appeal and how it could reshape sports-related contracts across the US
- Whether federally regulated event contracts could emerge as a parallel product to traditional sportsbooks, accelerating the federalisation of certain betting markets
Host: Fernando Noodt
Guests: Tom Nightingale & Justin Byers
Producer: Anaya McDonald
Editor: Anaya McDonald
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