Bipartisan senators unveil bill banning sports prediction market contracts

Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced a bill on Monday that would ban prediction markets from listing sports wagering or casino-style games on their platforms. The Prediction Markets Are Gambling Act would prevent entities regulated by the Commodity Futures Trading Commission (CFTC) from allowing betting on sporting events, like prediction markets… Source…

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CBA has major impact on players’ bank accounts

The Women’s National Basketball Player’s Association ratified the terms of a new collective bargaining agreement Monday, calling it “transformational” and “bigger than basketball.” The new CBA begins this season and runs through 2032. When asked her opinion of the most important outcome from the deal, WNBPA President Nneka Ogwumike had two words: “Bank accounts.” “Being…

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