CFTC schedules May 29 call with tribal groups on prediction markets
The US Commodity Futures Trading Commission will hold a call with selected tribal organisations on 29 May to discuss concerns about sports-related prediction markets, after cancelling a broader roundtable planned for 30 April. Tribal gaming groups have argued that such contracts threaten their gaming authority and may conflict with existing law; the CFTC has not explained the cancellation.
The discussion will address tribal concerns about federal oversight of sports event contracts and its relationship to gaming authority.