Gottheimer introduces bill requiring facial ID for prediction markets, online sportsbooks
Summary
Representative Josh Gottheimer from New Jersey introduced a bill that would make prediction markets and online sportsbooks use facial recognition technology to check users’ ages. This aims to stop minors from betting or trading on these platforms.Key Facts
- The bill was introduced by Rep. Josh Gottheimer, a Democrat from New Jersey.
- It would require prediction markets and online sportsbooks to verify users' ages using facial recognition technology.
- The goal is to prevent minors from placing bets or participating on these platforms.
- Kalshi CEO Tarek Mansour supported the bill when it was announced.
- Facial recognition technology works by scanning a person’s face to confirm their identity or age.
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