The American Gaming Association (AGA) and the Indian Gaming Association (IGA) sent a letter to Congress, asking them to prevent prediction markets from offering gambling products that impinge on state and tribal gaming laws.
William C. Miller Jr., American Gaming Association (AGA) president and CEO, and David Z. Bean, Indian Gaming Association (IGA) chairman, sent a joint letter to Congress on Friday.
Congress is in the process of passing the Digital Asset Clarity Act, a bill that would grant the Commodity Futures Trading Commission (CFTC) jurisdiction over digital assets such as cryptocurrencies and stablecoins. On Thursday, the Senate Banking Committee voted 15-9 to move the bill to the Senate floor.
