Bipartisan House bill seeks to curb officials’ prediction market trading Jacob Woodward Two House lawmakers from opposite parties are pushing new legislation they say would stop federal officials from cashing in on inside knowledge through prediction markets. Rep. Adrian Smith, a Republican from Nebraska, and Rep. Nikki Budzinski, a Democrat from Illinois, introduced … Continue reading Bipartisan House bill seeks to curb officials’ prediction market trading
Bipartisan senators push bill to ban sports prediction markets Suswati Basu A group of U.S. senators from both parties is targeting sports-related prediction markets, introducing a bipartisan bill that would outlaw the contracts altogether. The move ramps up an ongoing clash over whether these platforms function as legitimate financial tools or simply unregulated … Continue reading Bipartisan senators push bill to ban sports prediction markets
Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties Suswati Basu Florida lawmakers have formally enrolled Senate Bill 168, a measure that expands the state’s public nuisance law to include properties used for illegal gambling and removes limits on fines tied to those violations. The bill was ordered on Tuesday (March … Continue reading Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties
Maine lawmakers push bill banning online sweepstakes casino style games Suswati Basu Maine legislators are advancing a proposal that would outlaw a category of internet-based casino-style games often marketed as online sweepstakes platforms. Supporters of the measure say it would close a gap in state gambling law, while critics argue it would wipe … Continue reading Maine lawmakers push bill banning online sweepstakes casino style games
March 10, 2026 Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE BY Michael Grothaus Billionaire investor Bill Ackman is planning to take his Pershing Square management company (PS) public. But in doing so, Ackman is taking an unusual route: He is also starting a new fund, Pershing Square USA … Continue reading Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE
Big tech companies agree to not ruin your electric bill with AI data centers But everything else is still fair game. Anna Washenko Wed, March 4, 2026 massimo colombo via Getty Images Today the White House announced that several major players in tech and AI have agreed to steps that will keep electricity … Continue reading Big tech companies agree to not ruin your electric bill with AI data centers
Tennessee Senate advances bill targeting illegal sweepstakes Suswati Basu Tennessee lawmakers are moving closer to tightening the reins on illegal online gambling and sweepstakes after a Senate committee gave its backing to Senate Bill 2136 this week. The measure cleared the Senate Commerce and Labor Committee without a single dissenting vote, pushing it … Continue reading Tennessee Senate advances bill targeting Illegal sweepstakes
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Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions Suswati Basu Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already … Continue reading Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions
