Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket
just with a different name. They are being offered in states where sports betting is illegal, like California, while federal regulators are greenlighting them rather than enforcing the law. My bipartisan legislation with @SenJohnCurtis would close this backdoor and end these illegal markets.Coffeezilla /@coffeebreak_yt:“Casino lobby hard at work” says guy part of a prediction market lobby group. [image]Ross Gerber /@gerberkawasaki:The end of kalshi's illegal sports betting operation is near. T