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 bipartisan House bill called the Prediction Markets Are Gambling Act has been introduced by Reps. Steven Horsford and Mark Amodei from Nevada. This bill aims to prevent federally registered trading platforms from offering contracts related to sports and casino-style events. The House bill mirrors a Senate version led by Sens. John Curtis and Adam Schiff, with Sen. Catherine Cortez Masto as a co-sponsor.