U.S. FTC Launches Early Review of Online Sports Betting Industry

PANews October 13 news, according to TheBlock, the U.S. Federal Trade Commission (FTC) is conducting an early-stage review of the online sports betting industry, with the focus likely on allegations of deceptive or misleading advertising by betting companies such as FanDuel and DraftKings.

The report said that prediction market platforms such as Kalshi and Polymarket are not expected to be included in this review.