Show Notes
🎙️ 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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