Stay ahead of every line

Daily betting and casino industry insights, straight to your inbox.

Subscribe BetFocus cover image
  • Home
  • Regulation
  • IGA Leaders Criticize CFTC Prediction Market Proposal
IGA Leaders Criticize CFTC Prediction Market Proposal
By Editorial profile image Editorial

IGA Leaders Criticize CFTC Prediction Market Proposal

Leaders of the Indian Gaming Association (IGA) criticized proposed federal rules that would allow prediction market operators to offer sports event contracts nationwide under the oversight of the Commodity Futures Trading Commission (CFTC), arguing that the move bypasses state and tribal gaming regu

Leaders of the Indian Gaming Association (IGA) criticized proposed federal rules that would allow prediction market operators to offer sports event contracts nationwide under the oversight of the Commodity Futures Trading Commission (CFTC), arguing that the move bypasses state and tribal gaming regulators.

The proposed framework, released by the CFTC and backed by the White House, would permit sports-related...

By Editorial profile image Editorial
Updated on
Regulation Indian Gaming Association CFTC Commodity Futures Trading Commission Tribal Sovereignty