
Incoming CFTC Chair Brian Quintenz Opens Door For Tribal Prediction Markets
Brain Quintenz, the Trump nominee to lead the Commodity Futures Trading Commission (CFTC) has said that tribes can get involved in sports prediction markets.
Yes - both land-based and online gambling in various forms are legal in many US states. 39 states currently offer or will soon offer in-person and online sports betting while a number of states only permit betting inside casinos.
The United States is of the most gambling-friendly countries in the world, with a population of over 57 million active gamblers.
Every year, around 40% of American adults visit one of the casinos in Las Vegas, Nevada, Atlantic City, New Jersey, or one of the thousands of land-based U.S Casinos, not to mention playing casino games at online casinos.