A new bill from Rep. Dina Titus could shut down sports prediction markets just as platforms like Kalshi and Polymarket hit record volume.
Last Updated: February 11, 2026 at 5:52 PM UTC +1
Published: February 11, 2026 at 5:52 PM UTC +1
Human Written Content
Human Written Content
The ongoing war between prediction markets, US state authorities, and sportsbooks continues, as US Congresswoman Dina Titus, representing the First District of Nevada, announces plans to introduce the Fair Markets and Sports Integrity Act, which would prevent prediction markets from offering contracts on sporting-events.
The bill was announced on Twitter/X, with Titus’ account stating:
“Prediction markets should not be able to circumvent state gaming laws. Consumers deserve transparency, accountability, and protection against such predatory practices. That is why I introduced the Fair Markets and Sports Integrity Act to prevent entities from engaging in transactions involving sporting or casino-style event contracts.”
Rep. Titus has a history of recieving campaign contributions from sportsbooks and casinos, raising questions about her intentions behind the bill’s announcement.
Titus’ bill would prevent prediction markets from offering sports-related event contracts to traders and users on a national level. The bill, it seems, is specifically designed to target prediction markets, not traditional sportsbooks, that are regulated by the CTCF with federal rules for trading. However, many states are in clear disagreement about that, arguing that sports and other event contracts are merely a circumvention of their individual gambling and wagering laws without a license.
A member of the Democratic Party, Dina Titus began her political career in 1988, working in the Nevada Senate for 20 years while representing the 7th district. From 2009 to 2011 she acted as a representative for her state’s 3rd congressional district. Today she acts as a representative for Nevada’s 1st congressional district, a position she has held since 2013.
Like any politician, she has her backers. Notably, per OpenSecrets.org, MGM Resorts International has been a top contributor to her campaigns since 2007, who owns sportsbook BetMGM. In 2024, they donated over $11 thousand dollars. She also saw contributions from Wynn Resorts that same year, totaling to over $13 thousand. In total, the gambling industry has made campaign contributions, from both individuals and PACs, for a sum of $587,864.
While it may be too soon to safely say with absolute confidence, the fact that one of her top donors owns a sportsbook should, at least, raise some concern that this bill is more motivated by stakeholders and backers than any consumer protection. Many users on X have pointed out about the interests that seem to align with her and her donors.
In the wake of the 2026 Super Bowl, trading volume rose up to $871 million on Kalshi alone, breaking a previous record high of $543 million, according to Yahoo Finance. However, when all was said and done, Kalshi reported that total trading volume went over $1 billion, showing a crazy spike in usage. This is only part of the evidence showing consumer movement to prediction markets.
According to Polymarket’s records, $55 million was traded on the game outcome alone, 36 million making up the moneyline, 13 million making up the spread, and 4 million making up the totals. They also show that money was traded on player props, with Sam Darnold receiving $67.2 thousand of volume on his rushing props.
At the end of January, the American Gaming Association estimated that Americans would bet a total of $1.76 billion on the game, with an interesting note. According to their research “Sports event contract bettors are three times more likely than sportsbook bettors to frame their trading as an investment”.
The final number of money actually wagered is still being determined, but consumer sentiment seems to be framing prediction markets in an interesting way: as a financial tool over a gambling or wagering outlet. Of course, some states and policymakers see this differently.
The bill has only been announced, but not introduced on any floor or legislative session as of time of writing. The political process in Washington DC is an arduous process, and this is just one of the few bills Titus has in the works. How it actually will play out is yet to be seen. This is only part of the broader legal battle that is ongoing as sportsbooks look threatened by the advent of prediction markets and other platforms that allow broad access to wagering on sports. Like any market maturing, the wild-west era of these platforms could be ending soon, as new CTCF chair Michael S. Selig has indicated that he plans to bring about changes to the federal rules that dictate these platforms, particularly for sports event contracts.
Level 2, ‘The Fort’, HardRocks Business Park, Burmarrad Road, Naxxar, NXR 6345
Crypto Casino is an independent platform providing unbiased information about online crypto casinos, games, and bonuses. We are not owned or operated by any gambling provider. All reviews, rankings, and guides are written by our expert team based on honest analysis and the latest available data.
Copyright©Crypto.Casino Ltd. 2026. All Rights Reserved
