
· Judiciary Insight · Senate
Brian Schatz Says Prediction Markets Look Like Gambling
Sen. Brian Schatz compares sports prediction markets with traditional sportsbooks and says the consumer experience is effectively the same.

Sen. Brian Schatz compares sports prediction markets with traditional sportsbooks and says the consumer experience is effectively the same.

Sen. Catherine Cortez Masto and gambling addiction clinician Harry Levant discuss whether prediction markets should be treated as gambling and subject to federal safety standards.

Gambling addiction clinician Harry Levant tells senators that prediction markets are drawing people in recovery back to gambling under the impression that they are investing.