Tag Archives: ProphetX

ProphetX secures CFTC approval to launch regulated sports prediction exchange

Sports Betting Regulations

ProphetX secures CFTC approval to launch regulated sports prediction exchange Suswati Basu     ProphetX has received approval from the Commodity Futures Trading Commission to operate as a federally regulated sports-focused exchange in the United States. The New York-based company said the regulator approved its applications to register as both a Designated Contract Market (DCM) … Continue reading ProphetX secures CFTC approval to launch regulated sports prediction exchange →

ProphetX applies to the CFTC to launch a new prediction market

Predictive Analytics

ProphetX applies to the CFTC to launch a new prediction market Suswati Basu     ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets. The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI … Continue reading ProphetX applies to the CFTC to launch a new prediction market →

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