Comment on CFTC-2026-0331, CFTC-2026-0331-0001, Jacob, Keyes
Jacob KeyesOpposeAdvocacy
Summary: The Iowa Tribe of Oklahoma opposes the inclusion of sports-related event contracts in prediction markets, arguing that these products are functionally equivalent to sports wagering and lack a bona fide economic purpose. They contend that such markets threaten tribal sovereignty, undermine the Indian Gaming Regulatory Act (IGRA) framework, and divert essential governmental revenues from lawful tribal gaming enterprises.
Attached are comments submitted on behalf of the Iowa Tribe of Oklahoma.