A dated guide to Sporttrade from Florida: why the exchange has left United States sports betting, where its prediction market plan stands with federal regulators, and what a Florida reader can realistically use instead. Information, not advice.
Last reviewed 3 June 2026 · Status as of June 2026 · Information, not legal advice
Sporttrade ran a sports trading exchange under state gaming licences, but it never held one in Florida, where legal sports betting is routed through the Seminole Tribe's Hard Rock platform. In May 2026 Sporttrade announced it was leaving United States online sports betting entirely, winding down wagering in its licensed states by 26 June 2026. It has filed to operate a prediction market under the Commodity Futures Trading Commission, but that product is not yet live, so there is nothing for a Florida resident to use today.
As of June 2026 the answer is no. Sporttrade has exited United States online sports betting, ending operations in its licensed states by 26 June 2026, and it never operated in Florida in the first place. It filed applications with the Commodity Futures Trading Commission in February 2026 to run a prediction market, and that application is still under review, so no Sporttrade product is open to Florida residents now. Confirm the current position before you act.
Two facts combine here. Sporttrade never operated in Florida, because the state confines legal sports betting to the Seminole Tribe's Hard Rock platform and never licensed an exchange style operator. And Sporttrade has now stepped back from sports betting across the country, so even its former markets in states like New Jersey and Colorado have closed.
The company announced in May 2026 that it would exit United States online sports betting, with wagering in its licensed states ending on 25 May 2026 and all betting operations wrapping up by 26 June 2026, as reported across industry outlets. Rather than disappear, it filed applications with the Commodity Futures Trading Commission in February 2026 to run a prediction market as a Designated Contract Market and a clearing organization. That review can take well beyond a review period of 180 days, and no approval had been granted as of June 2026.
For a Florida reader the upshot is simple. There is no Sporttrade product available to you today, and there was none before the exit either. If you want to follow event contracts through a federally regulated venue, the platforms below are generally open to verified United States residents, subject to your age, identity checks, and any state limits on specific products. Read our Florida legality guide for the wider picture, and treat any future Sporttrade launch as conditional on federal approval that has not happened yet.
Availability is indicative and individual states may restrict specific products, sports event contracts in particular. Scores are illustrative editorial examples. Sporttrade is not among the venues open to you here today. Confirm the current position before acting.
A clear regulator does not make any contract safe to over trade. Prediction markets and event contracts can lose you money. Trade only what you can afford to lose, never to chase a loss, and never with borrowed money. If it stops feeling like a choice, step back. In the United States you can call or text 1-800-GAMBLER or visit ncpgambling.org. You must be 18+ or the legal age in your region.
No, as of June 2026. Sporttrade never operated in Florida, where legal sports betting runs through the Seminole Tribe's Hard Rock platform, and it has now left United States online sports betting entirely. Its prediction market product is pending federal approval and is not live, so there is nothing to use here today.
Sporttrade ran an exchange model that sat awkwardly inside state rules written for traditional sportsbooks. In May 2026 it announced it would exit United States online sports betting, ending operations by 26 June 2026, and refocus on a prediction market under the Commodity Futures Trading Commission.
It is not possible to say. Sporttrade filed applications with the Commodity Futures Trading Commission in February 2026, but the review was still open as of June 2026 and approval is not guaranteed. Even if approved, where the product would be offered, including Florida, would depend on the terms. Treat any launch as conditional.
Federally regulated venues such as Kalshi and ForecastEx are generally available to verified United States residents, subject to age and identity checks and any state limits on specific products. Availability differs by product, so confirm the current position on each platform and read our Florida legality guide first.
The position above rests on Sporttrade's own exit from United States sports betting, its pending application to the Commodity Futures Trading Commission, and the state framework. Confirm it yourself before you act, because the rules change.
Status as of June 2026. General information, not legal advice.