Regulatory

History of the Hollywood Stock Exchange (and why it matters today)

At 30 years old, the Hollywood Stock Exchange (HSX) bridges the different eras of prediction markets. Founded in 1995 during the dotcom bubble, HSX was only the second play-money prediction market. Later, it was acquired by Cantor Fitzgerald, which attempted to offer real-money box office futures via Cantor Futures, one of the early attempts to

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Summary of Legal Actions Involving Sports Event Contracts

Last updated: 05/13/2026 Latest news: Four New Mexico tribes sue Kalshi 5/12/2026; CFTC files amicus brief in Kalshi appeal of Ohio case; Telephone conference 5/14/2026 in CFTC lawsuit against Wisconsin; This post will attempt to track every legal action around the country involving sports event contracts, both at the state and federal levels. Here is

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Public Comments Slam CFTC Proposed Election Contract Ban

In the Commodity Futures Trading Commission’s (CFTC) third public comment hearing regarding election contracts in the past two years, public comments overwhelmingly opposed the proposed rule, with 755 comments opposing, 7 supporting, and 59 unclear, duplications, or spam. Information about the two prior public comment periods can be found here. This most recent public comment

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Cheat Sheet for May 10 CFTC Meeting on Event Contracts

Update 5/11/2024: CFTC proposal to ban election contracts Summary Meeting Details Commodity Futures Trading Commission (CFTC) will hold an open meeting on Friday, May 10, 2024 at 10:00 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters.  Members of the public can attend the meeting in person, listen by phone, or view a live stream at

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