Sports Industry News
A collection of Sports latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bipartisan bill introduced to ban sports from prediction markets
Two U.S. senators introduced a bipartisan bill on Monday aimed at banning sports futures on prediction markets. Senators Adam Schiff, a Democrat from California, and John Curtis, a Utah Republican, introduced the “Prediction Markets Are…
U.S. Senators Introduce Legislation to Ban Sports Betting on Prediction Markets
According to a report in The Wall Street Journal, a bipartisan pair of U.S. senators is introducing legislation to ban sports betting on prediction markets platforms like Kalshi and Polymarket. The legislation follows massive growth experienced by…
Bill introduced seeks to ban sports bets on prediction markets
A bipartisan Senate bill introduced Monday seeks to ban prediction markets from allowing transactions that mimic sports betting. The bill's Republican and Democrat sponsors said they want federal law regarding prediction markets to clearly…
Bipartisan senators unveil bill banning sports prediction market contracts
Sens. Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced a bill Monday that would ban prediction markets from listing sports bets or casino-style games on their platforms. The Prediction Markets Are Gambling Act would block entities that…
Bipartisan Senate bill would ban sports betting on online prediction markets
Prediction markets are facing fresh bipartisan scrutiny in the US Senate as companies such as Kalshi and Polymarket continue to battle state-led efforts to regulate online betting. A bill was introduced in the US Senate on Monday that would ban…
Bill Seeks to Ban Sports Betting on Prediction Markets
Lawmakers, states and federal regulators have sparred in recent months over how event contracts on prediction-market platforms, including on sports, should be regulated, and by whom. The legislation, introduced by two senators, California Democrat…
Senators introduce bipartisan bill to ban sports betting on prediction markets
A bill introduced in the Senate on Monday would ban prediction markets like Kalshi and Polymarket from accepting or listing transactions related to sports events and casino-style games. The bill, co-sponsored by Sens. Adam Schiff, D-Calif., and…
Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket
Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced a bill on Monday that could prevent prediction market platforms Kalshi and Polymarket from allowing users to wager money on sports events or play casino-style games. This bipartisan bill…
Senate seeks to ban sports betting on Polymarket, Kalshi prediction markets: report
A bipartisan duo of senators introduced legislation to ban sports betting on prediction sites like Kalshi and Polymarket, The Wall Street Journal reported. Sens. Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced legislation that would…
Move to ban sports betting on prediction sites sees bipartisan support
Bipartisan Senators Adam Schiff (D-Calif.) and John Curtis (R- Utah) introduced legislation to ban sports betting and casino-style games on prediction platforms like Kalshi and Polymarket. The proposed bill aims to prohibit entities regulated by…
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets
Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on…
Would you pay $142 for a hot dog? This Aussie sport star did just that
Incredible price has been revealed in recent video on Instagram Aussie tennis player Priscilla Hon has provided an insight into the ridiculous price of snacks at some US sporting events by trying a $142 hot dog at the Miami Open. The 27-year-old…
Why More People Are Using Prediction Markets to Follow Sports, Politics and the Economy
The clearest sign that event-based participation has become a mainstream habit came before this year's Super Bowl, when the American Gaming Association estimated that Americans would legally wager $1.76 billion on Super Bowl LX, a figure Reuters…
Exclusive | Lawmakers to Introduce Bipartisan Bill Banning Sports Bets on Prediction Markets
A bipartisan pair of U.S. senators are introducing legislation Monday to prohibit entities regulated by the Commodity Futures Trading Commission, including prediction-market exchanges Kalshi and Polymarket's U.S. platform, from listing contracts…
Borussia Dortmund names second-division exec as sporting director
Borussia Dortmund has dipped into the German second division to appoint a new sporting director who won praise for making impactful transfers on a budget. Ole Book steps up from Elversberg, a team from a town of around 13,000 people. That's less…
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