Nevada’s Titus Proposes House Bill to Ban Sports Predictions

The fight over sports prediction markets has reached the US House of Representatives.

Nevada Rep. Dina Titus proposed HR 7477, also known as the Fair Markets and Sports Integrity Act, in the chamber on Tuesday. The bill would ban prediction market operators from offering contracts for athletic events. It would also ban any casino-style gaming contracts, such as roulette.

“Prediction markets should not be able to circumvent state gaming laws, Titus shared on X. “Consumers deserve transparency, accountability, and protection against such predatory practices. That is why I introduced the Fair Markets and Sports Integrity Act to prevent entities from engaging in transactions involving sporting or casino-style event contracts. “

Titus is one of many lawmakers who have publicly opposed unregulated sports prediction markets, but she is the first to take action. Since the industry is considered to be a form of commodity trading, it is regulated by the federal government. That means states don’t have the authority to tax or regulate operators.

While the bill will find allies on both sides of the aisle, the White House will be a fierce opponent. 

Nevada Feeling Impact of Predictions

Unlike the rest of the US, Nevada has been home to legal gambling for decades. Las Vegas and Reno both have thriving markets, but they haven’t been immune to sports prediction markets.

Nevada saw its Super Bowl betting handle decline sharply in 2026, to the lowest total since 2021 and the second-lowest of the last decade. While a decline in tourism can account for some of that drop, so can sports prediction markets. 

The Nevada sports betting market favors retail casinos, which is why they require in-person registration to create a new online sportsbook account. Prediction markets aren’t bound by those requirements, allowing customers to register for new accounts right on their phone. 

Kalshi, a leading sports prediction platform, reported over $1 billion in trades for last week’s Super Bowl.