Comment on CFTC-2026-0331, CFTC-2026-0331-0001, Cheebo, Frazier
Cheebo FrazierOpposeGovernment
Summary: The Nisqually Indian Tribe, representing the Nisqually Red Wind Casino, opposes the potential for the CFTC to permit gaming-related event contracts in prediction markets. They argue that such contracts function as unregulated gambling, threaten the economic stability of tribal gaming enterprises, and lack the necessary regulatory frameworks to protect against market manipulation and problem gambling.
Please see attached comment letter from the Nisqually Indian Tribe.