CFTC schedules 30 April roundtable on sports prediction markets
The US Commodity Futures Trading Commission scheduled a roundtable on prediction markets for 30 April as it considers feedback on sports-related contracts. Commenters differ over whether these products should be treated as financial derivatives or gambling, with state and tribal representatives raising concerns about regulatory authority and gaming rules.
The discussion may shape how sports-related event contracts are treated under federal and state rules.