Reps. Steven Horsford (D-NV) and Mark Amodei (R-NV) have introduced the Prediction Markets Are Gambling Act, a bipartisan House bill that would prohibit federally registered trading platforms from listing sports and casino-style event contracts.
The House lawmakers, Steven Horsford and Mark Amodei, have presented a bipartisan bill known as the Prediction Markets Are Gambling Act. This bill aims to prevent federally registered trading platforms from offering contracts related to sports and casino-style events. This House bill is the counterpart to a Senate bill spearheaded by Senators John Curtis and Adam Schiff, with support from Senator Catherine Cortez Masto.