Sports BettingGambling Insider · 6h ago
CME CEO Calls Some Sports Prediction Markets ‘Gambling’ as Exchange Expands Sports Contracts
By Chavdar Vasilev•July 23, 2026
The brief
The remarks came one day after CME certified additional sports event contracts. Executives argued CME’s event contracts differ from certain sportsbook-style prediction markets. CME Group CEO Terry Duffy said some sportsbook-style prediction markets amount to gambling, distinguishing between the exchange’s own sports-e…
Original report
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