A federal bill in the US proposes to regulate preemption markets and transfer some control to the states
15.03.2026 (22:02)
Connecticut Senator Richard Blumenthal introduced a new bill on 12 March aimed at creating federal regulation of preemption markets in the United States.
The document, called the Prediction Markets Security and Integrity Act, was also supported by New Jersey Senator Andy Kim.
Main provisions of the draft law
Better Markets has criticised outcome prediction platforms as unregulated gambling.
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Journalist McKay Coppins conducted an experiment by betting on sporting events in the US.
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