◆ Mixed look for BlumenthalEconomy
Prediction Markets Face New Federal Safety Push
Blumenthal is pressing for federal safeguards and introduced legislation addressing prediction-market contracts and oversight.
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This article1 analysis · Sep 26, 2026
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Published Sep 26, 2026
tl;dr
Sen. Richard Blumenthal and Rep. Paul Tonko are joining gambling-reform groups to press for federal safeguards on prediction markets and sportsbooks. Blumenthal’s S.4060 would restrict some contracts and change oversight of prediction platforms.
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Richard Blumenthal D · CT · SEN
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SWIPE →Richard Blumenthal
D · CT · SEN
Senator advocating federal safeguards and sponsor of the Prediction Markets Security and Integrity Act
PRIMARY SUBJECT
Paul Tonko
D · NY-20
Representative advocating federal safeguards alongside Blumenthal
Tonko's version of this story ↗Part of a bigger story
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