Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket | TechCrunch

Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket | TechCrunch

Since FanDuel and DraftKings are subject to state-by-state gambling laws, rather than federal law, they would not be impacted by the bill.

Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced a bill on Monday that could prevent prediction market platforms Kalshi and Polymarket from allowing users to wager money on sports events… [+2383 chars]

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Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket | TechCrunch - FHMnews