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Bipartisan Schiff-Curtis bill would bar CFTC-regulated platforms from offering sports event contracts, GambleRss reports
- Bipartisan Schiff-Curtis bill would bar CFTC-regulated platforms from offering sports event contracts, GambleRss reports — Senators Adam Schiff, a California Democrat, and John Curtis, a Utah Republican, are preparing the first bipartisan bill aimed at restricting prediction markets, which would block CFTC-regulated platforms including Kalshi and Polymarket from offering sports event contracts and casino-style games, the Wall Street Journal reported. Kalshi said in response that sports event contracts on federally regulated platforms offer consumers a fairer choice, with no house that restricts winners. (GambleRss)
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