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Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act

Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.

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Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act

Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act

Published June 17, 2026 · Category: Markets

Overview

Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.

Source

Originally published at cointelegraph.com.

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