John Curtis News & Prediction Market Coverage
Track the latest John Curtis news across prediction markets. Prediction News is following 5 active John Curtis stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Bipartisan Senate bill would ban sports event contracts on CFTC-regulated prediction markets
LegalSenators demand CFTC investigate Polymarket over fake bets report
LegalMerkley: Proposed CFTC rule falls short on curbing insider trading in prediction markets
LegalSen. John Curtis warns prediction markets undermine Utah's anti-gambling laws
LegalSenators Hickenlooper and Curtis back prediction market legislation at tense hearing
Frequently Asked Questions
What is the Prediction Markets Are Gambling Act?
Bipartisan legislation sponsored by Sens. John Curtis (R-UT) and Adam Schiff (D-CA) that would clarify event contracts constitute gambling and prohibit CFTC-regulated platforms from listing sports-related contracts.
Why does Sen. John Curtis oppose prediction markets?
Curtis has argued that platforms create loopholes allowing residents in states like Utah to circumvent strict anti-gambling statutes and has raised concerns about misleading marketing and insider trading risks.
Has John Curtis called for investigations into Polymarket?
Yes, Curtis joined Sen. Adam Schiff in a June 29 letter urging the CFTC to investigate allegations of staged fake bets in promotional videos on Polymarket.
What did John Curtis say about prediction markets at Senate hearings?
At a May 20, 2026 hearing, Curtis questioned whether platforms operate within securities and commodities law or skirt into gambling regulation; he also highlighted state-federal friction over anti-gambling enforcement.
Does John Curtis support tighter CFTC rules on event contracts?
Curtis has backed legislation addressing prediction markets amid debates over insider trading safeguards and enforcement, while criticizing how platforms market through influencers.