With over 15 years of experience, Brett has built a reputation as a trusted voice in sports betting, poker, and daily fantasy sports. He has led editorial strategy for top industry brands and his written work includes extensive coverage of poker's 'Black Friday' and the events that followed.
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Polymarket began letting a small group of American users trade in a limited beta, founder Shayne Coplan said, years after a CFTC settlement pushed it offshore.
A federal judge denied three California tribes an injunction against Kalshi, finding its sports contracts fall under the Commodity Exchange Act and CFTC oversight.
The sweepstakes sports platform filed with the CFTC to register as a contract market and clearinghouse, which would make it the first federally regulated sports-only exchange.
Brian Armstrong settled Kalshi and Polymarket mention markets by saying a few words on an earnings call, exposing markets whose subject can choose the outcome.
Bloomberg reports CME Group plans contracts on sports outcomes and economic indicators by year-end, distributed through brokers including a venture with FanDuel.