The FTC Launches Early-Stage Review of Online Sports Betting Industry, Focusing on Deceptive Advertising by Bookmakers

Odaily News: The U.S. Federal Trade Commission (FTC) is conducting an early-stage review of the online sports betting industry, focusing on allegations of false or misleading advertising by bookmakers such as FanDuel and DraftKings. It is reported that prediction market platforms such as Kalshi and Polymarket are not expected to fall within the scope of this review. (The Block)