Key Points
- Laila Mintas, who formerly headed PlayUp US, has submitted documentation to the CFTC for approval of 365Prediction, a federally supervised prediction market platform
- The platform is designed to function as a designated contract market with trade settlement handled by Next Gen Clearing, LLC
- Mintas contends that prediction markets represent exchange-traded instruments rather than wagering activities and should remain under federal jurisdiction
- 365Prediction has established a partnership with FiscalNote to extend operations into political forecasting markets
- The organization has acquired Eventus surveillance software to oversee trading operations and identify potential market manipulation
Laila Mintas, the previous chief executive of PlayUp US, has submitted formal documentation to the Commodity Futures Trading Commission requesting authorization to establish a federally supervised prediction market platform named 365Prediction.
The organization was established in February 2026 and is pursuing designation as a contract market operating under CFTC supervision.
Operational Framework for the Platform
The proposed platform would function as a fully collateralized trading venue. Trade settlement would be processed through an associated clearinghouse known as Next Gen Clearing, LLC.
365Prediction has secured licensing rights to surveillance software from Eventus, which will be deployed to oversee trading patterns and identify suspicious market behavior.
The organization’s leadership team features Mintas alongside sports wagering executive Leo Gaspar, Olympic champion and former Sports Innovation Lab chief executive Angela Ruggiero, plus additional board members.
Mintas has consistently championed prediction markets publicly. During a 2026 industry analysis, she projected that prediction markets would ultimately eclipse conventional sports betting.
She contributed formal written commentary to the CFTC’s regulatory review process for prediction markets. Her submission maintained that contracts based on sporting events should fall under federal regulatory authority rather than state gambling legislation.
Her stance emphasizes that prediction markets operate fundamentally differently from conventional sports wagering. Market participants exchange contracts with one another instead of placing wagers against a bookmaker.
“Sports event contracts are not betting,” Mintas said at the NEXT Summit New York. “You trade them like a stock exchange.”
Professional Experience in Gaming and Sports
Mintas brings more than twenty years of experience across sports wagering, gaming, and sports data sectors. Her career includes leadership positions at Sportradar, FIFA, CONCACAF, PlayEngine, and Bet.Works.
Bet.Works was purchased by Bally’s in 2020. Subsequently, she assumed the chief executive position at PlayUp US as the company expanded into the United States sports betting marketplace.
Her tenure at PlayUp generated significant attention following the collapse of a proposed acquisition by cryptocurrency platform FTX, which resulted in litigation between Mintas and the organization.
She indicated that her team created 365Prediction after identifying prediction markets as an expanding sector and believing that current offerings required enhancement.
“Sitting back on the sidelines and watching the market was not an option for us,” Mintas said.
365Prediction has formed a strategic alliance with FiscalNote, aligning with that organization’s expansion into political forecasting markets.
Mintas characterized existing prediction market offerings as “far away from being perfect” and stated that 365Prediction intends to differentiate itself through technological innovation and product enhancement.
The CFTC has not issued a response to the submission. Should authorization be granted, 365Prediction would become part of an expanding roster of federally supervised platforms competing in the prediction market sector.
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