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FanDuel and CME Group’s prediction market venture appears to be under pressure as CME publicly distances itself from sports event contracts while FanDuel expands into other venues.
Lawmakers and regulators are weighing whether the CFTC has the staff and authority to police fast-growing prediction markets, especially if the CLARITY Act expands the agency’s role in digital assets.
The House has passed a bill that would bar lawmakers from buying new stocks and prediction markets, according to a CNBC report that offered limited detail on the measure’s scope and next steps.
The Horseracing Integrity and Safety Authority has proposed a $72.7 million budget for 2027, including a $5.44 million gross assessment for California and track-level costs for Santa Anita and Del Mar.
Choctaw Casinos & Resorts has rolled out Choctaw Sports, a nationwide free-to-play sportsbook app for adults 21 and older, while legal sports betting remains off the table in Oklahoma.
Evercore Holdings says its TraXion platform has reached a development milestone, with pre-registration running ahead of expectations as the company works toward an initial public beta.
