United States: Gaming

The CFTC filed suit against Minnesota in federal district court on May 19, 2026, marking the agency’s sixth lawsuit in seven weeks against a state seeking to regulate or prohibit CFTC-registered prediction markets. Filed one day after Minnesota’s governor signed a first-in-the-nation ban into law, the complaint argues that the state’s criminalization of prediction market operators is preempted by the Commodity Exchange Act and violates the U.S. Constitution.

What happens when a jury decides that ​“fair and skill-based” gaming claims may have been anything but? In this episode, we unpack the blockbuster $420 million...

State Attorneys General are increasingly pursuing stricter consumer protection enforcement than federal regulators, often through multistate coalitions and independent lawsuits. This examination explores how AGs across political divides are banding together to address antitrust concerns, online platforms, and prediction markets with unprecedented coordination and independence.

While prediction markets continue to grow in popularity, the battle between state and federal regulators on who should police the markets continues to escalate.

The CFTC escalates its defense of federal jurisdiction over prediction markets with new lawsuits against New York and an amicus brief in Massachusetts, challenging state attempts to regulate event contracts under gambling laws.

FinCEN's April 2026 proposal introduces sweeping changes to casino Anti-Money Laundering and Countering the Financing of Terrorism programs, requiring explicit risk-assessment processes, board-level governance approval, and a U.S.-based compliance officer.

Loot boxes have always existed in a grey area within the U.S. regulatory landscape.

On March 12, 2026, the U.S. Commodity Futures Trading Commission (CFTC) took formal steps toward establishing additional regulations for prediction markets.

The Commodity Futures Trading Commission (CFTC) recently took two significant steps towards its regulation of prediction markets.