MEDIA ADVISORY: TOMORROW: Murphy, Casar to Introduce Bicameral Bill to Ban Prediction Markets from Corrupting Our Government, Influencing Decisions on Warfare
Press (Murphy)
FOR PLANNING PURPOSES
March 16, 2026
CONTACT
Deni Kamper
MURPHY, CASAR TO INTRODUCE BICAMERAL BILL TO BAN PREDICTION MARKETS FROM CORRUPTING OUR GOVERNMENT, INFLUENCING DECISIONS
ON WARFARE
WASHINGTON – U.S. Senator Chris Murphy (D-Conn.) and U.S. Representative Greg Casar (D-Texas-35) on Tuesday, March 17 at 10:30am will hold a press conference to introduce the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act, bicameral legislation to ban wagering on government actions, terrorism, war, assassination, and events where an individual knows or controls the outcome. Responding to alarming reports that prediction market accounts – likely owned by government insiders – placed large bets in the hours leading up to both the Venezuela operation and the initial Iran strikes, Murphy and Casar’s BETS OFF Act would put a stop to these corrupt wagers, crack down on prediction markets that flout the law with offshore platforms, and reject the idea that we should commodify every part of our lives.
WHO:
US Senator Chris Murphy
Congressman Greg Casar
WHEN:
Tuesday, March 17th
10:30 AM
WHERE:
Senate Radio/TV Gallery
United States Capitol, Room S-325
The event will also be livestreamed.
###