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Senators move to ban sports betting on prediction markets like Kalshi, Polymarket — first bill of its kindA bipartisan group of U.S. senators introduced legislation on Monday that would prohibit prediction markets such as Kalshi and Polymarket from offering contracts tied to sports events and casino-style games. The bill would bar any entity registered with the Commodity Futures Trading Commission from listing or facilitating transactions linked to sporting events or athletic competitions....
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