Congressman Steven Horsford   ·   Link to Article

Horsford and Amodei Introduce Bipartisan Bill to Ban Sports Prediction Market Contracts and Protect Jobs

“We applaud Representatives Steven Horsford and Mark Amodei for introducing the Prediction Markets are Gambling Act in the US House.” said Culinary Union Secretary-Treasurer Ted Pappageorge. “In Nevada, prediction markets are threatening the jobs of 60,000 Culinary Union members who are employed at casino resorts on the Las Vegas Strip, in Downtown Las Vegas, and in Reno. We thank Senator Adam Schiff for his leadership and Senators Catherine Cortez Masto and John Curtis for co-sponsoring the Prediction Markets Are Gambling Act in the Senate. Culinary Union members have organized for nine decades for hospitality jobs to be good union jobs with fair wages, the best family health care benefits, and a guaranteed retirement pension. We will not let out-of-state prediction market companies gamble that away. Congress must stand with hospitality workers and pass the Prediction Markets Are Gambling Act.” 

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