Federal Lawmakers Target Prediction Markets Over Disaster Betting Incentives

By Cyrus Farivar · Ars Technica · 2026-08-04

According to reporting from Ars Technica, United States senators are pushing for a ban on platforms that allow users to wager on wildfire outcomes. While firms like Polymarket argue these tools provide vital public data, critics contend that financial stakes in catastrophes creat

According to reporting from Ars Technica, United States senators are pushing for a ban on platforms that allow users to wager on wildfire outcomes. While firms like Polymarket argue these tools provide vital public data, critics contend that financial stakes in catastrophes creat