House bill would ban wildfire bets on federally regulated prediction markets Suswati Basu A House proposal introduced Monday (August 17) seeks to stop federally regulated prediction markets from letting traders place bets on wildfires or the destruction they cause. Rep. Michael Baumgartner filed H.R. 10109, called the “Wildfire Event Contract Prohibition Act.” After … Continue reading House bill would ban wildfire bets on federally regulated prediction markets
Washington and Crypto.com pause litigation, new federal bill targets wildfire markets, today in prediction market news LIVE Suswati Basu Today in prediction market news, we’re following fresh legal and regulatory developments, including Washington and Crypto.com agreeing to pause their litigation pending a Ninth Circuit ruling, Connecticut urging the Second Circuit to deny Kalshi … Continue reading Washington and Crypto.com pause litigation, new federal bill targets wildfire markets, today in prediction market news LIVE
July 24, 2026 Rogue OpenAI agents forced the ‘AI Kill Switch’ bill. Here’s what it aims to do BY Jude Cramer From 2001: A Space Odyssey to The Matrix, humans have long been afraid of tech going rogue. As artificial intelligence becomes more and more advanced, those fears have become more tangible—and after OpenAI models hacked … Continue reading Rogue OpenAI agents forced the ‘AI Kill Switch’ bill. Here’s what it would do
July 13, 2026 Your next budget problem may not be electricity—but your water bill BY Anna-Louise Jackson Brace yourself for higher water bills—and soon. Within a decade, millions of Americans could face monthly water bills so high that they’ll become unaffordable. Water rates have already been rising three times faster than inflation. However, hotter and drier … Continue reading Your next budget problem may not be electricity—but your water bill
Steil introduces bill restricting congressional prediction market trades Suswati Basu A new House proposal would block members of Congress and their immediate families from taking part in certain prediction market trades linked to government decisions, political developments, and information obtained through public service. House Administration Committee Chairman Bryan Steil introduced the Stop Lawmakers … Continue reading Steil introduces bill restricting congressional prediction market trades
Bipartisan bill seeks federal gambling disorder study as betting spreads across the US Suswati Basu A bipartisan group of lawmakers wants the federal government to take a much closer look at gambling addiction as online sports betting continues to spread across the United States. Reps. Dan Goldman of New York and Blake Moore … Continue reading Bipartisan bill seeks federal gambling disorder study as betting spreads across the US
Illinois budget bill targets sports prediction markets with unique transaction tax Suswati Basu Illinois lawmakers have signed off on a budget measure that would create what appears to be the first state tax aimed specifically at sports event contracts traded through prediction markets. The provision was included in the wider revenue package contained … Continue reading Illinois budget bill targets sports prediction markets with unique transaction tax
WPP AI Targeting Tech Complicates Proposed Privacy Bill by Laurie Sullivan , Staff Writer, April 23, 2026 House Republicans introduced Wednesday a privacy bill draft that would override existing local laws in about 20 states, and would not require businesses to allow consumers to opt-out of certain forms of online ad targeting. Technology, however, will complicate this … Continue reading WPP’s AI Targeting Tech (And Others) Complicate Proposed Privacy Bill
Tennessee advances felony bill targeting prediction market manipulation amid legal fights Suswati Basu Tennessee lawmakers are pushing ahead with legislation that would make it a felony to try to sway the outcome of events tied to prediction market conduct when money is on the line. The state Senate signed off on Senate Bill … Continue reading Tennessee advances felony bill targeting prediction market manipulation amid legal fights
Iowa Senate passes bill regulating and taxing fast growing prediction markets Suswati Basu The Iowa Senate has signed off on a bill that would bring new rules and taxes to a fast-expanding corner of finance often called prediction markets. Lawmakers approved Senate File 2470 on Tuesday (March 31), making it the first time … Continue reading Iowa Senate passes bill regulating and taxing fast growing prediction markets
