Tag: CFTC
CFTC Cancels Roundtable Over Sports Prediction Markets
The Commodity Futures Trading Commission (CFTC) announced that a roundtable to discuss sports prediction markets, scheduled for April 30th, will not take place. Many stakeholders opposed to the spread of event contracts
DraftKings Eyes Prediction Markets with NFA Filing for ‘DraftKings Predict’
Sports betting operator DraftKings has filed to register ‘DraftKings Predict’ with the National Futures Association (NFA). The filing is for Gus II LLC, trading as DraftKings Predicts. If it gains regulatory
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal
The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Sports events, offered