An app for Kalshi on a cell phone in Chicago on Feb. 25, 2026. Scott Olson/Getty ImagesA bipartisan pair of senators introduced legislation this week aimed at banning sports betting through prediction market platforms such as Kalshi and Polymarket.Sens. John Curtis (R-Utah) and Adam Schiff (D-Calif.) unveiled the Prediction Markets Are Gambling Act, which would prohibit entities registered with the Commodity Futures Trading Commission (CFTC) from offering prediction contracts that resemble sports bets or casino-style games.
23.9
C
Ottawa
Thursday, August 20, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS