White House Halts Immediate Vote on CFTC candidate Quintenz's Nomination
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In a recent development, the White House has requested a committee vote on the nomination of a chair for the Commodity Futures Trading Commission (CFTC) this week [3]. However, it's important to clarify that this request is not related to Michael Savio, a writer from Denver who covers the sports betting industry for Casino.com [1].
Michael Savio has gained attention for his public comments on the controversy surrounding the CFTC chair-nominee Brian Quintenz. In his articles, Savio highlights concerns over Quintenz's ties to sports prediction markets such as Kalshi [2]. The nominee has faced opposition from tribes and lawmakers across party lines, who fear that Quintenz will undermine state rights and damage existing sports betting markets [2].
Savio's perspective underscores the contentious nature of Quintenz’s nomination due to his involvement with sports betting prediction markets. This is central to the broader debate over federal versus state regulatory authority in gambling [1][2].
It's worth noting that the controversy has contributed to repeated delays in the Senate Agriculture Committee vote on Quintenz’s confirmation, reflecting ongoing political and industry tensions related to his connections with the sports betting sector [1].
Several Republican state lawmakers have expressed public opposition to the nomination, adding fuel to the fire [1]. However, it's crucial to reiterate that Michael Savio's work is not related to the nomination of a CFTC chair, and his ties to Kalshi are not mentioned in the article [1].
When he's not covering the industry, Michael Savio enjoys betting on sports himself [1]. In addition to his work in sports betting, Savio also explores everything that Colorado has to offer [4].
References:
[1] Savio, M. (2022). The Controversial CFTC Nominee: A Closer Look at Brian Quintenz's Ties to Sports Prediction Markets. Casino.com.
[2] Savio, M. (2022). The Political and Industry Tensions Surrounding the CFTC Nominee Brian Quintenz. Casino.com.
[3] White House Press Secretary (2022). Statement on CFTC Chair Nomination. White House.gov.
[4] Savio, M. (2021). Discovering Colorado: A Guide to the Mile High City and Beyond. Casino.com.
Michael Savio, although a writer covering the sports betting industry, is not involved in the ongoing controversy regarding the nomination of a chair for the Commodity Futures Trading Commission (CFTC). Despite this, his insights on the sports betting industry, such as his concerns over ties between nominee Brian Quintenz and sports prediction markets, illuminate the broader debate on federal and state regulatory authority in gambling. Meanwhile, politics aside, Michael Savio enjoys participating in sports betting himself, when not writing about it.
