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Senate panel hears testimony on online sports betting, prediction markets

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A Senate subcommittee hearing focused on online sports betting and prediction markets addressed recent cheating scandals and marketing tactics. Lawmakers questioned industry officials about the integrity of sports and the legality of prediction markets. The hearing highlighted concerns over gambling addiction and the need for regulatory scrutiny amid the explosive growth of online gambling.

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Original publisherNPR Topics: News
Canonical URLhttps://www.npr.org/2026/05/20/nx-s1-5829166/senate-panel-hears-testimony-on-online-sports-betting-prediction-markets
Publication timeWed, 20 May 2026 23:01:05 -0400
Retrieval time2026-05-21T03:10:03.330Z
Last seen2026-05-21T03:57:03.144Z
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Publisher visitYes — open original
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Law Senate panel hears testimony on online sports betting, prediction markets May 20, 202611:01 PM ET By Alana Wise A Senate subcommittee lawmakers on Wednesday questioned sports betting industry officials during a hearing focused on recent cheating scandals, companies' marketing tactics and regulatory battles. Mariam Zuhaib/AP hide caption toggle caption Mariam Zuhaib/AP U.S. lawmakers grilled representatives of sportsbook and prediction market companies about their aggressive marketing tactics and the cheating allegations that have plagued sports leagues in recent months, as advocates for more stringent regulation drove home the pitfalls of legalized gambling.

Excerpt limited to ~120 words for fair-use compliance. The full article is at NPR Topics: News.

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