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Market Chatter: Bipartisan Senate Duo to Introduce Bill Banning Prediction Markets From Offering Sports Bets
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Market Chatter: Bipartisan Senate Duo to Introduce Bill Banning Prediction Markets From Offering Sports Bets
Mar 23, 2026 5:02 AM

07:36 AM EDT, 03/23/2026 (MT Newswires) -- Sen. Adam Schiff (D., Calif.) and Sen. John Curtis (R., Utah) are introducing a bill on Monday that would block Kalshi, Polymarket, and other Commodity Futures Trading Commission-regulated firms from listing contracts related to sporting events, The Wall Street Journal reported, citing comments from the legislators.

The offices for the two senators didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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