Are Prediction Markets Distinct from Sports Betting? The CFTC Is Ready to Join the Fray

The Commodity Futures Trading Commission (CTFC) is preparing to enter the legal fray regarding prediction markets after sitting out dozens of federal lawsuits over whether the industry’s platforms are distinct from sports betting. The commission plans to argue that it has sole jurisdiction over prediction markets.

4 minute read March 01, 2026 at 12:03 AM
By
Dan Novak
Are Prediction Markets Distinct from Sports Betting? The CFTC Is Ready to Join the Fray

The Commodity Futures Trading Commission (CTFC) is preparing to enter the legal fray regarding prediction markets after sitting out dozens of federal lawsuits over whether the industry’s platforms are distinct from sports betting.

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