Bipartisan senators unveil bill banning sports prediction market contracts

Sens. Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced a measure Monday that would prohibition prediction markets from listing sports bets oregon casino-style games connected their platforms. The Prediction Markets Are Gambling Act would artifact entities that are regulated by the Commodity Futures Trading Commission (CFTC), similar prediction markets, from allowing wagers connected sporting events…