U.S. Representative Josh Gottheimer introduced bipartisan legislation on Wednesday that would require online sportsbooks and prediction markets to use facial recognition technology to verify users' ages before allowing them to place bets or trades, in an effort to curb underage gambling.
The proposed Facial Recognition to Protect Children Act, backed by prediction market operator Kalshi, aims to enhance age verification processes in online gambling platforms. By implementing facial recognition technology, the bill seeks to prevent minors from participating in sports betting and prediction markets, promoting responsible gambling practices.