By SectorWire desk ·
The report said that Representative Josh Gottheimer introduced a bill requiring facial-recognition age checks for online sportsbooks and prediction markets. Kalshi chief executive Tarek Mansour supported the proposal, which has nine sponsors.
The proposed measure would require new age-verification technology for sportsbooks and prediction markets.
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The outcome could determine whether prediction market operators can continue serving the US market under federal or state rules.
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi expects clarifying rules and league agreements that its chief executive believes could help navigate legal uncertainty.
The proposal would add facial age verification requirements for sportsbooks and prediction market platforms.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.