The CFTC's suit seeks to stop Utah from enforcing a 130-year-old constitutional gambling ban, setting up a possible Supreme Court fight over federal preemption.
An Oct. 20 memo warns that wagers tied to military operations could tip off adversaries, and says violators may face criminal charges
Offshore platform saw heavy volume on long-shot candidates in global elections, including Ethiopia, where $41M backed a chief of staff over the winning prime minister.
New staff guidance targets wagers on what public figures might say, while state lawsuits and a looming high court fight threaten to reshape the fast-growing industry.