During a recent Senate hearing, several senators, including Sen. Cory Booker and Sen. Adam Schiff, questioned Mike Selig on the regulation of sports event contracts under the Commodity Futures Trading Commission (CFTC). These contracts, akin to prediction market sports bets, are currently under legal scrutiny. Selig, maintaining a cautious stance, repeatedly deferred to the courts, citing ongoing litigation. When pressed by Schiff for a personal opinion, Selig responded with the classic legal refrain, "it depends," and refrained from defining what constitutes gaming.