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Bipartisan Bill Bans Sports Bets on Prediction Markets

March 24, 2026·about 3 hours ago·via WSJ
Bipartisan Bill Bans Sports Bets on Prediction Markets
Senators John Curtis (R-Utah) and Adam Schiff (D-Calif.) introduce the Prediction Markets Are Gambling Act, a bipartisan bill prohibiting CFTC-regulated platforms like Kalshi and Polymarket from offering sports and casino-style contracts. Curtis argues it protects young people from addictive betting that should fall under state control, not federal overreach. Read more about this...

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