The Commodity Futures Trading Commission has asked a court for permission to settle its legal fight with Kalshi Inc. over allowing Americans to bet on the outcome of elections.

The CFTC forced Robinhood to pull its Super Bowl contracts as part of a standard review for new products. “But now we’re back for March Madness, and it’s all green lights,” Gouker says.

Related: CFTC mulling probe of Crypto.com over Super Bowl contracts: Report It comes after the CFTC announced a record-breaking $17.1 billion in monetary relief for fiscal year 2024, largely ...

Still, the move has drawn scrutiny—Massachusetts wants Robinhood's internal chats about launching this after the CFTC nixed its Super Bowl betting contracts last month. Robinhood withdrew its ...

Some starry-eyed fans may circle Super Bowl 60 on the calendar if they believe their favorite team is shaping itself into a contender. Not every one of the NFL's 32 clubs looks like ...

Last month, Robinhood scrapped event contracts allowing for bets on the Super Bowl a day after launching the products after the CFTC asked it to. The Massachusetts probe also requested Robinhood ...

The nascent sports prediction space got kickstarted when Crypto.com, and later Kalshi, launched Super Bowl betting. The Commodity Futures Trading Commission (CFTC) asked Crypto.com to take its ...

The regulator also initiated a probe into Super Bowl event contracts offered by Kalshi and Crypto.Com on the same day the notice was sent out. The goal of the CFTC's probe was to ensure that the ...