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Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets
Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...
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Jun 2, 2026 / Tyler Durden
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Authored by Daniel Lacalle,
Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The result is higher costs, distorted incentives, and weakened productivity growth, with increased dependency on fossil fuels to attend to peak demand, exactly what Austrian economists predicted.
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Aug 9, 2026 / Tyler Durden
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Authored by Felicity Bradstock via OilPrice.com,
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May 18, 2026 / Kyle Anzalone
Trump Says He Canceled Attack on Iran After Requests From Gulf Allies
President Donald Trump wrote on Truth Social that he had planned to restart the war against Iran on Tuesday, but called off the strikes after requests from Washington’s Gulf Arab allies. “I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al […]
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