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Organizations Urge Congress to Ban Sports Betting on Prediction Markets in CLARITY Act
As Chair Michael Selig maintains his position that the CFTC has the exclusive authority to regulate prediction markets and gaming industry advocates push back, some expect the legal fight to end up at the Supreme Court.
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theblock.co
US gaming industry groups urge Senate to ban sports prediction markets in crypto bill: report
US gaming groups called on Congress to ban sports and casino-style prediction markets in a crypto market structure bill, Semafor reported.
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thedefiant.io
Gaming Industry, Tribes and Unions Press Senate to Ban Sports Prediction Markets in Crypto Bill - "The Defiant"
AGA, tribal groups and unions ask senators to bar prediction markets like Kalshi and Polymarket from offering sports event contracts via the CLARITY Act.
