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Senator Cruz plans bill for state control of sports prediction markets, iGaming Times reports

  • Senator Cruz plans bill for state control of sports prediction markets, iGaming Times reports — Senator Ted Cruz, who chairs the Senate Commerce Committee, plans to introduce a bill after the November 3 midterms that would bar gambling-linked event contracts, including sports, unless a state or tribal government authorises them, Bloomberg Law reported via iGaming Times on October 22. No bill text, number or co-sponsor is public yet, and any bill not passed by early January 2027 would lapse. (iGaming Times)

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