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Gaming Groups Press Senate to Ban Sports Betting Contracts in Clarity Act

2026-06-20 23:48:42

Abstract generation in progress

Gaming associations, tribes, and labor unions asked the Senate in a June 16 letter to add language barring sports and casino-style prediction market contracts to the Digital Asset Market Clarity Act. The groups said sports-event contracts let platforms offer nationwide sports betting under a federal financial label. Lawmakers still must resolve committee text, procedural steps, and a 60-vote threshold.

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