Trump Admin Proposes Prediction Market Rules

The Trump administration is pushing new rules to ban bets on war and assassinations in online prediction markets—while letting sports wagers stay open. This comes amid a fierce battle between states and the federal government over how to regulate these platforms, which many see as a loophole for gambling. Critics say the CFTC’s proposal favors the industry over public safety and ignores existing federal bans on war betting. With states trying to impose their own rules—including taxes and age checks—conflicts are escalating, and without new federal laws, courts may soon decide the future of these markets. The gaming industry already estimates states have lost over a billion dollars in lost tax revenue. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c242d4b71ee46072