Congress targets online gambling boom, including sportsbooks and prediction markets
Congress targets online gambling boom, including sportsbooks and prediction markets by MATT GALKA | The National News Desk Tue, May 19, 2026 at 2:31 PM auto 640x360, 1041kbps 854x480, 1241kbps 1280x720, 3511kbps 0.25x 0.5x normal 1.5x 2x 7 VIEW ALL PHOTOS NEW YORK, NEW YORK - NOVEMBER 02: Fans walk past BetMGM signage featuring Wayne Gretzky prior to the game between the New York Rangers and the Carolina Hurricanes at Madison Square Garden on November 02, 2023 in New York City . (Photo by Bruce Bennett/Getty Images) WASHINGTON (TNND) — Congress is set to scrutinize the rapid growth of online gambling this week, from traditional sportsbooks to emerging prediction market platforms, amid bipartisan concerns about fairness and integrity. Texas Tech University quarterback Brendan Sorsby is the latest high-profile case of an athlete involved in a betting scandal. Sorsby checked himself into a treatment program and admitted to placing small bets on his former team, the Indian...