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Trump Calls It a ‘Casino.’ CFTC Chief Defends Role As Regulator

Summary
As the law currently stands, the CFTC has authority over sports event contracts, Selig says. That leaves prediction markets free to expand.
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1 Articles

Front Office SportsFront Office Sports

Policing ‘Wild’ Prediction Markets

After Trump criticized prediction markets, the CFTC chair said their role isn't to decide what Americans can trade, only to regulate markets.

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Front Office Sports broke the news on Monday, April 27, 2026.
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