Schiff-Curtis Bill Targets Prediction Market Sites
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Senators Adam Schiff and John Curtis introduce a bipartisan bill to block prediction market sites like Kalshi and Polymarket from offering bets on sports or casino games, citing risks to young people and violations of existing laws. Kalshi opposes the bill, warning of competition loss and potential user migration to unregulated offshore sites, as federal and state regulators clash over bettings future.
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