This episode of the Zero Latency podcast interviews Jeff Ifrah, a lawyer specializing in online gambling, about the CFTC's review of Crypto.com's sports contract markets and the potential implications for other companies like Kalshi and Robinhood. The discussion covers Crypto.com's unconventional approach, the potential impact of a future Trump administration on CFTC regulations, and the strategic considerations for regulated sportsbook operators. Ifrah suggests that a more cooperative approach with regulators is crucial and that the industry should consider the potential for a nationwide exchange market. He also discusses the increasing tax rates on sports betting in several states and the potential negative consequences. Finally, the conversation touches upon the possibility of expanding online gaming options beyond sports betting, such as online casino games and poker, to generate more revenue for states.
