Sens. Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced a bill Monday that would ban prediction markets from listing sports bets or casino-style games on their platforms. The Prediction ...

The political battle over sports betting on prediction markets is heating up as professional leagues dive deeper into the national gambling frenzy. Lawmakers in both parties are attempting to stifle ...

(NewsNation) — A rollback of sports betting companies may occur following the bipartisan bill introduced in the Senate on Monday, according to Shelby Talcott. Sens. Adam Schiff, D-Calif., and John ...

Add Yahoo as a preferred source to see more of our stories on Google. The political battle over sports betting on prediction markets is heating up as professional leagues dive deeper into the national ...

Two U.S. Senators are introducing a bill that would ban Commodity Futures Trading Commission-licensed prediction platforms from offering sports event contracts. Two U.S. Senators on Monday are ...

A bill introduced in the Senate on Monday would ban prediction markets like Kalshi and Polymarket from accepting or listing transactions related to sports events and casino-style games. Subscribe to ...

Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced the "Prediction Markets Are Gambling Act" on Monday. Théo MARIE-COURTOIS / Getty Images After two United States senators introduced ...

Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., on Thursday introduced legislation to ban prediction market bets on sports, war, elections and government actions.

The Wild West of legalized sports wagering has been complicated by the rise of prediction markets, which have crept into the sports betting turf. A new Congressional bill — bipartisan, amazingly — ...