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◆ Mixed look for CasarEthics / CorruptionEconomy

Rep. Casar introduces bill targeting prediction markets

Casar introduced legislation to restrict prediction markets that take bets on sensitive events.

Rep. Casar introduces bill targeting prediction markets
Image · kvue.com

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Outlet credibilitykvue.comNOT RATED
This article1 analysis · Oct 8, 2026
kvue.com
Mar 19, 2026
tl;dr

Rep. Greg Casar introduced the BETS OFF Act with Sen. Chris Murphy to restrict prediction markets that take bets on government actions and other sensitive events. The lawmakers say such markets could let insiders profit from confidential information or influence public decisions.

Community verdict

18 VOTES
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Greg Casar D · TX-35

Counts every outlet’s report of this story. See all 4

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Votes cast on this page: ▲ 0 · ◆ 0 · ▼ 0

People in this story

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Greg Casar
D · TX-35

Representative who introduced the BETS OFF Act

PRIMARY SUBJECT
Christopher Murphy
D · CT · SEN

Senator who co-introduced the BETS OFF Act

Donald Trump
R · President of the United States

President referenced in an example of a prediction-market prompt

John W. Hickenlooper
D · CO · SEN

Senator and cosponsor of the BETS OFF Act

Rashida Tlaib
D · MI-12

Representative and cosponsor of the BETS OFF Act

Gabe Amo
D · RI-1

Representative and cosponsor of the BETS OFF Act

Representative and cosponsor of the BETS OFF Act

ALSO MENTIONED  Nicolas Maduro, Venezuelan political figure referenced in a past event used as an example

Part of a bigger story

4 OUTLETS
Rep. Greg Casar and Sen. Chris Murphy Introduce BETS OFF Act

Rep. Greg Casar and Sen. Chris Murphy introduced the BETS OFF Act, which would restrict prediction-market bets tied to government actions and other sensitive events. Outlets also link the proposal to suspiciously timed wagers around U.S. actions in Iran and Venezuela. Left-leaning outlets foreground suspected insider profiteering and corruption as the rationale for the bill. Center outlets focus on the proposal’s restrictions and scope, with one article also including statements from Casar and Polymarket.

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