Opposition to prediction markets is gathering pace in Congress, with another bill set to be introduced Thursday that would impose a sweeping ban. Why it matters: Prediction markets now offer the ...

(NEXSTAR) – As sports betting continues to grow in the U.S., one large aspect of the industry could take a hit under a new bipartisan bill. Introduced by Sens. Adam Schiff (D-Calif.) and John Curtis ...

The bill proposes to prohibit government officials from using insider information to bet on prediction market contracts, with fines up to double the amount of profits. US lawmakers have introduced a ...

Two members of Congress introduced a bill that would ban lawmakers and officials in the executive branch, as well as their children and spouses, from trading on prediction markets related to political ...

Minnesota advances a bill to ban prediction markets on sports and politics, setting up legal clashes as the federal government pushes back on state-level oversight. Minnesota lawmakers advanced a bill ...