★ Topic
Betting Goes Legal
January 2025 – June 2026
- Actions
- 8
- People
- 6
- Orgs
- 7
- Sectors
- 11
CFTC rollbacks and dropped probes that cleared regulatory ground for prediction-market and event-contract platforms.
Actions
Private Action
June 2026UFC holds a cage fight at the White House as CEO lobbies Trump
Government Action
January 2026Trump's commodities regulator scraps its proposed ban on betting contracts
Government Action
January 2026Trump's two top market regulators launch joint 'Project Crypto'
Private Action
August 20251789 Capital invests in Polymarket, places partner Trump Jr. on board
Government Action
July 2025DOJ drops Polymarket probe, clearing path for US reentry
Government Action
July 2025Trump's commodities regulator closes Polymarket betting probe
Government Action
March 2025Polymarket CEO attends Trump White House crypto summit while under federal investigation
Private Action
January 2025Kalshi names Trump Jr. strategic advisor week before father's inauguration
People
Ranked by appearances across this topic's actions.
2 actionsDonald TrumpHosted the UFC event on the White House South Lawn as part of his Freedom 250 celebration, timed to his 80th birthday.
2 actionsDonald Trump Jr.Joined Polymarket's advisory board as a partner of 1789 Capital, lending his name and political brand to the company as it seeks re-entry into the U.S. market.
2 actionsMichael SeligCFTC Chairman who jointly announced the 'Project Crypto' initiative alongside SEC Chair Paul Atkins, committing the CFTC to the collaborative regulatory effort.- 2 actionsShayne CoplanPolymarket CEO who had been the subject of an FBI device seizure in October 2024; received no criminal charges following closure of the DOJ investigation.
1 actionDana WhiteUFC president and longtime Trump ally; staged the White House fight and, in a May 2026 letter, asked Trump to reverse the 2025 tax law's cap on deducting gambling losses.
1 actionPaul AtkinsSEC Chair who co-announced 'Project Crypto,' an SEC initiative now broadened into a joint effort with the CFTC to develop digital asset regulations.
Organizations
Ranked by appearances across this topic's actions.
4 actionsPolymarketPrediction market operator that stands to benefit from the CFTC's shift toward a permissive regulatory framework for event contracts.
3 actionsCommodity Futures Trading CommissionAgency directed by Chairman Selig to participate jointly in 'Project Crypto' to develop digital asset regulations alongside the SEC.
2 actionsKalshiPrediction market operator that stands to benefit from the removal of regulatory obstacles to offering event contracts on politics and sports.
1 action1789 CapitalMade an undisclosed strategic investment in Polymarket and facilitated Donald Trump Jr.'s placement on Polymarket's advisory board.
1 actionDepartment of JusticeEnded its investigation into Polymarket without filing charges, removing a major legal barrier to the platform's return to the US market.
1 actionSecurities and Exchange CommissionAgency directed by Chair Atkins to expand its existing 'Project Crypto' initiative into a joint regulatory effort with the CFTC.
1 actionUltimate Fighting ChampionshipStaged a Freedom 250 mixed-martial-arts event on the White House South Lawn timed to Trump's 80th birthday. Its president had asked Trump to reverse a tax-law cap on gambling-loss deductions; the provision remains in effect.
Sectors involved
Derived from the organizations and individuals involved.