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4 sourcesTracking since 17 Jun, 04:19

US gaming industry groups urge Senate to ban sports prediction markets in crypto bill: report

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Chronological coverage

18 June
Latest18 Jun, 06:00
Prediction markets under fire as gaming groups call Senate to block sports prediction markets in crypto bill
In what ways will the crypto market bill close the gaps in sports and casino-style gaming?
AMBCrypto•Ishika Kumari
17 June
Follow-up17 Jun, 21:37
Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.
Cointelegraph•Turner Wright
Follow-up17 Jun, 17:53
Gaming Industry, Tribes and Unions Press Senate to Ban Sports Prediction Markets in Crypto Bill
The American Gaming Association, the Indian Gaming Association, and two hospitality unions are pressing senators to insert sports-betting carve-out language into the CLARITY Act, the crypto market-structure bill moving through Congress. The push targets Kalshi and Polymarket.
The Defiant•The Defiant Team
First seen17 Jun, 04:19
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.
The Block•Timmy Shen