Lawmakers to Introduce Bipartisan Bill Banning Sports Bets on Prediction Markets

> A bipartisan pair of U.S. senators are introducing legislation to ban CFTC-regulated prediction markets like Kalshi and Polymarket from offering sports betting contracts, arguing these platforms are creating a backdoor that bypasses state consumer protections and tribal sovereignty.

Source: https://www.wsj.com/finance/regul...
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