Regulations News

11 April 2026

Sports betting on prediction markets to be banned under new legislation

Bipartisan bill to ban sports betting on prediction market platforms

Senators Adam Schiff (D., Calif.) and Sen. John Curtis (R., Utah) have worked across the aisle to introduce legislation banning sports event contracts on prediction market platforms. The Prediction Markets Are Gambling Act would amend federal law so “sports and casino-style event contracts” may not be offered on platforms regulated by the CFTC.

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UKGC asked to revisit affordability checks

UKGC asked to revisit affordability checks

The United Kingdom Gambling Commission (UKGC) is being asked to revisit its affordability checks by a leading gambling body in the country. The Betting and Gaming Council (BGC) and the British Horseracing Authority (BHA) have both called on the agency to consider amending its financial risk assessment (FRA) protocols.

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