Is Goblin Festival legal in Standard, Modern, and Commander?

Goblin Festival is legal in: Legacy, Vintage, Commander.

Goblin Festival

Q: What type of card is Goblin Festival?

Goblin Festival is an Enchantment. Its oracle text reads: "{2}: This enchantment deals 1 damage to any target. Flip a coin. If you lose the flip, choose one of your opponents. That player gains control of this enchantment."

Enchantment

: This enchantment deals 1 damage to any target. Flip a coin. If you lose the flip, choose one of your opponents. That player gains control of this enchantment.