Eight tribal entities Thursday had a chance to shoot their shot with regard to sports event contracts to the Commodity Futures Trading Commission (CFTC), but two sources told InGame the takeaway was underwhelming. They say they won’t get any help defending tribal sovereignty or gaming exclusivity from the federal agency.
“What I took from that whole session is that (Acting CFTC Chair Caroline Pham) ain’t doing anything, and doesn’t know if the incoming director is going to do anything,” said one source, who wished to remain anonymous. “It was interesting to hear how in tune she was about not doing anything. It was basically like she was showing us all the ways they can’t do anything.”
A second unnamed source said: “I walked away from that conversation more informed than walking in. She actually did try to answer some of our questions, but for the most part, it was extremely frustrating. She basically said at the outset, ‘I’m happy to talk to you, but I am out the door and I have no idea what the new director might do with this issue.”
