NEWSROOM

Curtis, Schiff Press CFTC on Reports of Deceptive Marketing by Prediction Market Operator

Senators Curtis and Schiff sent a letter to Commodity Futures Trading Commission Chairman Michael S. Selig requesting answers following recent reports that prediction market operator Polymarket used deceptive marketing tactics to promote gambling-style products to U.S. audiences. In their letter, the senators argue that the alleged conduct underscores growing concerns that prediction markets are functioning more like gambling than legitimate financial instruments.

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Highs and Lows: Celebrating Zion National Park

Welcome to another edition of Highs and Lows! This week, I’m coming to you from Zion National Park, which is a high by any standard. But what makes this experience special is that I joined the local community in celebrating 100 years of Zion Lodge, which has played an integral

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Highs and Lows: Prediction Markets are Gambling

Hi there, I’ll start with my low this week. There is a trend in the United States concerning betting on prediction market contracts—think Kalshi or Polymarket. People are wagering on everything from sports games to the outcomes of wars, and it has gotten totally out of control. Currently, it’s being

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Highs and Lows: Wins for Utah’s Cities and Towns

This week, my high was meeting with a host of Utah mayors and city council members to discuss how we can address the issues most pressing to our state—including housing and affordability, infrastructure, water, and public lands. If you know me, you know that I have a special love for

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