Congressman Steven Horsford Calls for Legislative Action on Prediction Markets
Steven Horsford, a US Congressman, has reportedly urged legislative engagement with prediction markets during the Global Gaming Expo (G2E) conference.
PredictionSites Newsroom · 30 September 2026
United States Congressman Steven Horsford has reportedly called for legislative action concerning prediction markets. Speaking at the Global Gaming Expo (G2E) conference, Mr. Horsford apparently highlighted the need for Congress to address these platforms.
Prediction markets allow participants to trade contracts based on the outcome of future events, such as political elections or economic indicators. The price of these contracts can often be interpreted as the collective probability assigned by the market to a particular event occurring. The sector currently operates under a complex regulatory landscape in the US, with different bodies holding jurisdiction over various aspects.
The Congressman's intervention suggests a growing recognition within political circles of the expanding presence and potential implications of prediction markets. It indicates a potential push for greater clarity or specific frameworks to govern their operation, which could impact both existing platforms and the broader landscape of event-based trading.
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