Prediction markets are exchange platforms that specialize in offering event contracts (i.e., contracts that allow parties to trade on the occurrence or nonoccurrence of specific events). Prediction markets have rapidly expanded in recent years, facilitated by judicial decisions and changes in regulatory posture, with…
Read the report ↗A bill to amend the Commodity Exchange Act to prohibit certain event contracts involving sports and casino-style games.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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