House subcommittee to examine sports event prediction markets
Regulation · SectorWire deskSource published
Summary
A House Agriculture subcommittee is scheduled to hold a 21 July hearing on customer protections and market integrity in sports event prediction markets. The hearing follows CFTC chair Michael Selig's testimony to the full House Agriculture Committee and a Senate Agriculture Subcommittee session in May. Underdog also launched a standalone prediction market exchange after acquiring Aristotle Exchange in March.
Why it matters
The hearing could signal whether US lawmakers seek legislation on sports event contracts or place them under the Commodity Exchange Act.
Cite as: SectorWire, “House subcommittee to examine sports event prediction markets”, 20 July 2026, https://sectorwire.news/item/house-subcommittee-to-examine-sports-event-prediction-markets/