New Federal Bill Targets Sports Prediction Markets
Nevada Representative Dina Titus has introduced federal legislation that would block prediction market platforms from listing contracts tied to sporting events and casino-style gaming outcomes. The proposal marks the latest attempt by lawmakers to address the rapid expansion of sports-related event contracts offered on federally regulated exchanges. Titus, a Democrat who co-chairs the Congressional Gaming Caucus, filed the Fair Markets and Sports Integrity Act on Tuesday. The bill, numbered HR 7477, has been referred to the House Committee on Agriculture, […] The post New Federal Bill Targets Sports Prediction Markets appeared first on World Casino News.
Nevada Representative Dina Titus has introduced federal legislation that would block prediction market platforms from listing contracts tied to sporting events and casino-style gaming outcomes. The proposal marks the latest attempt by lawmakers to address the rapid expansion of sports-related event contracts offered on federally regulated exchanges. Titus, a Democrat who co-chairs the Congressional Gaming Caucus, filed the Fair Markets and Sports Integrity Act on Tuesday. The bill, numbered HR 7477, has been referred to the House Committee on Agriculture, […]
The post New Federal Bill Targets Sports Prediction Markets appeared first on World Casino News.