Tribal gaming leaders confront federal push over sports prediction markets

Tribal leaders from around the country came together this week as the Indian Gaming Association’s Board of Directors met at the Hard Rock Hotel San Diego alongside its annual tradeshow, tackling financial business before turning to a fast-growing fight over sports prediction markets.

The board approved a formal resolution pushing back on efforts by the Commodity Futures Trading Commission to oversee so-called event contracts, including sports betting. Tribal leaders argue those products...