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Gaming Groups Push Congress to Ban Sports Event Contracts in CLARITY Act

2026-06-17 21:51:38

Abstract generation in progress

Gaming and tribal groups reportedly asked the US Senate to ban sports and casino-style event contracts in the CLARITY Act. The American Gaming Association reported that state gaming authorities had lost about $1.08 billion in tax dollars since prediction markets began offering sports event contracts. Some lawmakers expect the CLARITY Act to pass out of Congress by August.

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