Cafferelli says four of nine companies are engaging with Connecticut
Bryan T. CafferelliCommissioner, Connecticut Department of Consumer Protection
DCP Commissioner Bryan Cafferelli said Connecticut has received responses from four of the nine prediction-market companies it acted against (Novig, ProphetX, Gemini, Webull) and is working with them on next steps, while five others, including Underdog, had not formally responded.
“We have received a handful of responses to our actions last week... We are working with those who have responded on next steps.”
Reporting
Where this statement fits
Can Connecticut regulate sports prediction markets as gambling?
Connecticut announced enforcement against nine prediction-market companies on September 10, 2026. The action sharpened an existing dispute with the CFTC over whether sports-event contracts are subject to state gambling laws or exclusive federal commodities regulation.
Source and context
Reporting
About this source
Hearst CT Insider report (via Yahoo Finance) on DCP Commissioner Bryan Cafferelli's September 15, 2026 follow-up statement on which companies have engaged with Connecticut's enforcement actions.
Before the quotation
Follow-up statement on the status of Connecticut's enforcement actions against prediction-market operators.
After the quotation
Four of the nine companies named (Novig, ProphetX, Gemini, Webull) were said to be engaging with DCP; five (including Underdog) had not formally responded.
How this statement is classified
The label describes this statement's response within the context above.
Why this label?
Cafferelli continues defending Connecticut's enforcement posture, reporting on company compliance, consistent with his existing defense already documented in this case.
- Recorded on
- Published here
- People and groups discussed
- KalshiEX LLC
More from this case
Read the full caseConnecticut’s attorney general: sports event contracts are “not magically shielded by federal law”
“This is nothing more than the recycling of failed arguments from other prediction markets. Multiple courts have affirmed that sports event contracts are no different than sports betting and are not magically shielded by federal law.”Read statement
Underdog sues Connecticut over prediction-market enforcement
Underdog
“Underdog Exchange DCM, Inc. v. Tong, No. 3:26-cv-01499 (D. Conn.), seeking declaratory and injunctive relief on Commodity Exchange Act preemption grounds.”Read statement
Diana Goode supports Connecticut's prediction-market enforcement
“We support the state’s efforts, including seeking judicial remedies”Read statement
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The Dispute Index. "Cafferelli says four of nine companies are engaging with Connecticut". First published: 2026-09-17. Last updated: 2026-09-17. https://disputeindex.com/events/796-dcp-commissioner-bryan-cafferelli-said-connecticut-has-received