The Senate Commerce Subcommittee on Consumer Protection, Technology, and Data Privacy held the hearing to address the impact of sports wagering on America’s amateur and professional sports landscape. The hearing lasted more than two hours, with regulated gaming interests and prediction market proponents facing off via interaction with senators.
The subcommittee discussed the impact of sports betting and prediction markets on the integrity of competition as several major sports leagues and organizations deal with gambling-related issues.
“When Americans watch their favorite sports team, they don’t want to worry about the game being rigged,” said Subcommittee Chair Sen. Marsha Blackburn during the hearing. “They don’t want to worry that their favorite player missed a free throw to make..
