NEXT.io Podcast Why congresswoman Dina Titus plans to put an end to Sports Prediction Markets
🎙️ NEXT.io Podcast #260 with Congresswoman Dina Titus | US Gaming Policy, Prediction Markets & The Fair Bets Act
In this episode, Congresswoman Dina Titus — Representative for Nevada’s 1st District (home to Las Vegas) — discusses the growing regulatory battle around prediction markets and sports event contracts in the United States.
As co-chair of the Congressional Gaming Caucus, Titus recently introduced the Fair Markets and Sports Integrity Act, a bill designed to prevent prediction market operators from offering sports-based contracts outside established state gaming frameworks.
⏰ Timestamps:
00:00 – Introduction
00:26 – Sponsors message
01:45 – Welcoming Congresswoman Dina Titus
02:37 – Titus’ background and representing Las Vegas
03:49 – The Fair Markets and Sports Integrity Act
05:29 – Prediction markets vs regulated sportsbooks
06:42 – Why the CFTC shouldn’t regulate sports contracts
08:26 – The political fight over prediction markets
09:53 – Real risks for players and the industry
11:12 – Could prediction markets expand across gaming?
13:09 – Industry divisions and the role of the AGA
16:07 – Innovation vs regulation debate
18:03 – The Fair Bets Act and the 90% tax deduction issue
20:31 – What happens next in Congress
22:16 – Engagement with prediction market operators
23:01 – Closing thoughts
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This episode of NEXT.io is brought to you by:
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