Three US senators introduce bill to bar sports prediction contracts
US senators John Curtis, Adam Schiff and Catherine Cortez Masto introduced the Prediction Markets are Gambling Act, which would prohibit prediction contracts tied to sports, athletic competitions and casino-style games. Curtis said the bill targets only part of the prediction market sector and could be reintroduced if necessary; the measure remains under consideration.
The bill would restrict prediction market operators from offering contracts on sports and casino-style events in the USA.