News Summary

• The Supreme Court is weighing petitions involving prediction markets as the House Oversight Committee expands an insider-trading inquiry.
• The CFTC reportedly reviews promotional programs, putting operators under pressure from three separate federal fronts.
• The developments are unfolding alongside stronger opposition from casino, Tribal gaming and labor representatives.
• They are not one coordinated enforcement action: the court has not agreed to hear the cases, the committee is seeking information, and the CFTC review could lead to examinations or enforcement.
• The conflict over prediction-market authority reaching the Supreme Court remains unresolved.