法官裁定伊利诺伊州不得按博彩业监管预测市场
据伊利诺伊州公共广播电台（NPR Illinois）10月8日报道，联邦法官10月7日裁定，伊利诺伊州不能将其博彩公司监管规则强加于预测市场，州博彩法与管理这些联邦监管平台的联邦法律相冲突。
据报道，北伊利诺伊联邦地区法院法官玛丽·罗兰（Mary Rowland）支持了起诉伊利诺伊州监管机构的预测市场公司。监管机构此前试图将预测市场按博彩公司一样许可和监管。法官认为，包括Kalshi、Robinhood和Crypto.com在内的预测市场平台受联邦商品期货交易委员会依据《商品交易法》监管，联邦政府对其提供的衍生品拥有专属管辖权，州法被联邦法优先。
伊利诺伊州是全美最大的体育博彩市场之一，持牌博彩公司每年接受数十亿美元投注，创造数亿美元税收。州监管机构曾试图将预测市场纳入适用于持牌博彩公司的同一套规则，包括许可费、税率与消费者保护。
预测市场公司辩称二者本质不同：它们的事件合约是受联邦监管的金融衍生品，而非受州博彩委员会监管的赌注。罗兰法官认同这一观点，认定州规则妨碍了联邦监管体系。
该裁决是全国范围内州博彩监管机构与预测市场运营商法律战的最新一轮，争议核心是：以体育赛事结果为标的的事件合约究竟属于赌博，还是受联邦监管的衍生品。类似案件在多个州待决，法律专家称伊利诺伊州的裁决可能影响全国法院。
Judge Blocks Illinois From Imposing Sportsbook Rules on Prediction Markets
CHICAGO — A federal judge ruled Oct. 7 that Illinois cannot impose its sportsbook regulations on prediction markets, finding state gambling law conflicts with federal law governing the federally regulated platforms, NPR Illinois reported.
U.S. District Judge Mary Rowland of the Northern District of Illinois ruled in favor of prediction market companies that sued Illinois regulators, arguing the state's attempt to license and regulate them like sportsbooks is preempted by federal law. Prediction markets — including platforms like Kalshi, Robinhood and Crypto.com — are regulated at the federal level by the Commodity Futures Trading Commission under the Commodity Exchange Act, which the judge found gives the federal government exclusive jurisdiction over the derivatives they offer.
Illinois is one of the nation's largest sports betting markets, with licensed sportsbooks taking billions in wagers each year and generating hundreds of millions in tax revenue. State regulators had sought to bring prediction markets under the same rules that apply to licensed sportsbooks, including licensing fees, tax rates and consumer protections.
The prediction market companies argued they are fundamentally different: their event contracts are financial derivatives overseen by a federal regulator, not wagers overseen by state gaming boards. Judge Rowland agreed, finding the state rules an obstacle to the federal regulatory scheme.
The ruling, reported Oct. 8, is the latest in a nationwide legal battle between state gambling regulators and prediction market operators over whether event contracts on sports outcomes are gambling or federally regulated derivatives. Similar cases are pending in several other states, and legal experts said the Illinois decision could influence courts nationwide.
图片来源：图：雪中的伊利诺伊州议会大厦。摄影：Dschwen，CC BY-SA 4.0，来源：Wikimedia Commons
