US senators move to ban officials from prediction market trading
The bill would ban the President, Vice President, members of Congress, and senior officials from trading event contracts.
Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
The bill would ban the President, Vice President, members of Congress, and senior officials from trading event contracts.
Betr announces multi-year partnership with Polymarket to offer prediction markets across sports, politics, culture and other topics.
The Atlanta-based DFS operator says it is focused on US growth, including prediction markets now available across most states.
Underdog has laid off at least 125 employees, more than 20% of its workforce, as it exits traditional sports...
Sports-related prediction market contracts would be required to comply with existing state sports betting law and licensing requirements.
The company argues its federally regulated exchange cannot be subjected to Utah gambling statutes, citing express, field, and conflict...
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