The Association of Gaming Equipment Manufacturers (AGEM) has urged the U.S. Commodity Futures Trading Commission (CFTC) to withdraw its proposed rule on prediction markets, arguing it would undermine the established U.S. gaming regulatory framework and create an uneven competitive landscape for licensed operators.
The Association of Gaming Equipment Manufacturers (AGEM) has formally requested the U.S. Commodity Futures Trading Commission (CFTC) to retract its suggested regulation concerning prediction markets. AGEM expressed concerns that the rule, if implemented, could disrupt the existing gaming regulatory structure in the United States and lead to an imbalanced competitive environment among authorized operators.