Nevada Rep Calls Out CFTC Over Sports Prediction Markets

Rep. Dina Titus is done playing nice with the Commodity Futures Trading Commission.

The US representative from Las Vegas took to X to rip the federal regulator late last week. She rejected the CFTC's proposed regulations for sports prediction markets, claiming they were intended to further limit state rights. The Nevada lawmaker even accused the regulator of corruption and called on Congress to take action.

While fiery rhetoric has become commonplace in American politics, Titus’s strong words signal a clear escalation in the fight against sports prediction markets.

Titus Doesn’t Shy Away From Serious Accusations

There have been plenty of state lawmakers publicly opposing sports markets, but the fighting has largely been contained to press releases and legal filings. That changed last week, when Titus ditched the political talk for direct accusations on the social media platform X.

The @CFTC’s proposed rule reinforces its failure to respect state and tribal sovereignty. Arguing that sports event contracts are anything but sports betting is pure fiction. Rather than confronting that reality, the agency appears more interested in cozying up to @POTUS’s family…

— Dina Titus (@repdinatitus) June 11, 2026

Post Echose Growing Concerns Over CFTC

Titus may be one of the first federal lawmakers to accuse the CFTC outright of corruption, but her words highlight several existing concerns among her peers.

One of the biggest is the regulator's limited leadership. The President is supposed to nominate five commissioners, but President Trump has only nominated one: Michael Selig. That allows one person to determine the CFTC’s direction, with the only true oversight coming from the White House itself.

The other concern is the Trump Family’s involvement in the prediction industry. Donald Trump Jr. is on the payroll of both Polymarket and Kalshi, while Trump Media has been pursuing its own platform for the past year. 

When these two concerns are combined, it is easy to see why Titus felt her accusations were warranted.

Industry Facing War on Two Fronts

In her post, Titus highlights concerns from state lawmakers and tribal gaming groups. Both groups have been taking legal action against sports prediction markets, leading the industry to fight a war on two fronts.

The states have accused the industry of blatantly violating their gambling laws. They believe the Commodity Exchange Act, which is being used to protect sports prediction markets, is being intentionally misinterpreted to limit state rights. US courts have delivered mixed rulings on this argument, making it likely to reach the US Supreme Court ultimately

Several operators, such as Kalshi, have also faced lawsuits from tribes across the US. They argue that sports markets violate the federal Indian Gaming Regulatory Act, which bans any commercial operators from offering gambling on tribal lands. Those lawsuits ask the court to force operators to geo-fence those lands, which the industry insists would be nearly impossible.