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Commodity Futures Trading Commission

joint-aga-iga-letter-addressing-unregulated-sports-event-contracts

Joint AGA-IGA Letter Addressing Unregulated Sports Event Contracts

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Below is a joint letter from the American Gaming Association and Indian Gaming Association on addressing unregulated sports event contracts in upcoming cryptocurrency market structure legislation. Dear Members of the United States Senate and House of Representatives, On behalf of the American Gaming Association (AGA) and the Indian Gaming Association (IGA), we write to urge…

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ncaa-urges-cftc-to-suspend-college-sport-prediction-markets

NCAA Urges CFTC to Suspend College Sport Prediction Markets

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  NCAA President Charlie Baker has requested the Commodity Futures Trading Commission, the regulatory body that presides over prediction markets, to pause all college sport offerings in prediction markets until the agency implements appropriate regulations. “Just as we need Congress to stabilize eligibility, we need federal regulators to stabilize these markets. The answer cannot be…

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