Bipartisan Bill Would Ban Sports Betting on Prediction Markets
An app for Kalshi on a cell phone in Chicago on Feb. 25, 2026. Scott Olson/Getty Images A bipartisan pair of senators introduced legislation this week aimed at banning sports betting through prediction market platforms such as Kalshi and Polymarket. Sens. John Curtis (R-Utah) and Adam Schiff (D-Calif.) unveiled the Prediction Markets Are Gambling Act,