Local News
Sen. John Curtis introduces bipartisan bill to rein in sports prediction markets
Utah Sen. John Curtis introduced legislation Monday alongside Democratic Sen. Adam Schiff of California to ban sports prediction market contracts. Called the “Prediction Markets Are Gambling Act,” the bill would prohibit entities registered by the Commodity Futures Trading Commission, or CFTC, from listing any prediction contract that resembles sports betting or casino-style gambling. “Too many young people in Utah are getting exposed to addictive sports betting and casino-style gaming contracts that belong under state control, not under federal regulators,” Curtis said in a ...
