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California’s proposed AB 1840 would apply a material nonpublic information standard to public officials and employees who trade in prediction markets, adding the state to a fast-growing national debate over how these markets should be regulated.
Online poker tournament platforms are adding practical upgrades such as mobile registration, satellite qualifiers, faster payments, and clearer event information, but U.S. players still face the same licensing, geolocation, and identity checks.
DraftKings prevailed in an Iowa lawsuit over a voided $14.2 million PGA Tour parlay tied to Pebble Beach and is now seeking more than $23,500 in court costs.
Listenupshance edged Maximum Bourbon by a short nose in the Grade 1 Bing Crosby Stakes at Del Mar, but the race was overshadowed when favorite Cornucopian was pulled up and vanned off for veterinary evaluation.
Robinhood is reportedly in talks with Crypto.com on a deal that could bring Crypto.com’s prediction market contracts to Robinhood users, expanding the brokerage’s growing prediction hub.
The CFTC issued a fresh warning to prediction market firms, saying broad, template-style event-contract certifications can limit the agency’s ability to review filings properly.
