The Massachusetts Gaming Commission has received dozens of consumer inquiries about prediction-market platforms it does not regulate, a commission spokesperson said. The commission directs those consumers to the Commodity Futures Trading Commission, while chair Jordan Maynard told lawmakers that users may confuse such platforms with state-licensed sportsbooks.
A Massachusetts Gaming Commission (MGC) spokesperson said they had personally seen dozens of inquiries about prediction-market platforms outside the regulator’s authority. The MGC tells consumers it does not regulate prediction markets and directs them to the Commodity Futures Trading Commission (CFTC), the spokesperson said.