This week has been busier than most in the world of prediction markets, from the CLARITY Act to the World Lottery Association’s warning to the furor over election betting in Wisconsin, and more.
A dozen Democratic Senators are imploring members of two key committees to ban “prediction contracts that resemble sports bets or casino-style gaming products” in the pending CLARITY Act legislation.
Tribal gaming leaders are urging U.S. senators to amend the CLARITY Act to restrict sports and casino-style prediction markets and clarify that the legislation would not override existing gaming laws.
