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U.S. senators announce plan to introduce legislation prohibiting sports betting on...

Senators Plan Bipartisan Bill to Bar Sports‑Betting Contracts From CFTC‑Regulated Prediction Markets Washington – On Monday, U.S. Senators Adam Schiff (D‑CA) and John Curtis (R‑UT) are expected to file a bipartisan proposal that would prohibit “casino‑style” contracts and sports‑betting offerings on prediction‑market platforms overseen by the Commodity Futures Trading Commission (CFTC). The...
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