Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests a federal lawsuit filed by the Commodity Futures Trading Commission (CFTC) seeking to block state enforcement against CFTC-registered prediction market operators. Key Takeaways: Illinois EO []