The Senate Commerce Subcommittee on Consumer Protection, Technology, and Data Privacy recently convened a hearing to evaluate the impact of expanded sports wagering and prediction markets on athletic integrity and public health.

參議院商務小組委員會（消費者保護、技術與數據隱私）近期召開聽證會，以評估體育博彩與預測市場的擴展對體育誠信及公共健康的影響。

The proceedings focused primarily on the jurisdictional tension between federal oversight and state sovereignty. A central point of contention involves the classification of prediction markets; proponents, including the Coalition for Prediction Markets, contend these platforms function as financial exchanges for futures contracts under the purview of the Commodity Futures Trading Commission. Conversely, the American Gaming Association characterized these entities as unregulated sportsbooks that circumvent state and tribal regulatory frameworks. This distinction is critical as prediction markets operate across nearly all fifty states, whereas traditional sports betting is legalized in only 39 states and the District of Columbia.

程序主要聚焦於聯邦監督與州主權之間的管轄權衝突。爭論的核心在於預測市場的分類；支持者（包括預測市場聯盟）主張這些平台是屬於商品期貨交易委員會管轄下的期貨合約金融交易所。相反地，美國博彩協會將這些實體定義為規避州政府及部落監管框架且不受監管的體育博彩店。這一區分至關重要，因為預測市場幾乎在全美 50 個州都運作，而傳統體育博彩僅在 39 個州及哥倫比亞特區合法化。

Furthermore, the subcommittee addressed the erosion of sports integrity precipitated by alleged match-fixing and the manipulation of 'prop bets.' Evidence was presented regarding federal indictments of Major League Baseball personnel and the cancellation of UFC events due to suspected tampering. Expert testimony highlighted the heightened vulnerability of microbetting—rapid, in-game wagering—to such manipulation. Parallel to these integrity concerns, lawmakers scrutinized the deployment of algorithmic advertising on social media platforms. Senator Marsha Blackburn asserted that the industry's claims of avoiding youth targeting are contradicted by the placement of advertisements on platforms primarily utilized by minors, thereby exacerbating gambling addiction among adolescents.

此外，小組委員會處理了因涉嫌操縱比賽及操縱「道具投注」而導致的體育誠信受損問題。會中提交了關於美國職棒大聯盟人員被聯邦起訴，以及 UFC 賽事因涉嫌操縱而被取消的證據。專家證詞強調，「微投注」（即賽事進行中的快速投注）更容易受到此類操縱。在誠信問題之外，立法者也審查了社交媒體平台上的演算法廣告部署。參議員 Marsha Blackburn 主張，業界聲稱避免針對青少年的說法，與廣告被投放於未成年人主用平台的事實相矛盾，從而加劇了青少年的賭博成癮問題。

Institutional responses vary by jurisdiction. Tennessee has implemented prohibitions on high-risk college player props and has referred numerous suspicious betting cases to the FBI. In contrast, Minnesota has enacted a comprehensive ban on prediction markets, a move that aligns with a broader trend of state-level legislative efforts to restrict such platforms, despite opposition from the federal executive branch.

不同司法管轄區的制度回應各異。田納西州已實施禁止高風險大學球員道具投注的禁令，並將多起可疑投注案件移交 FBI 處理。相比之下，明尼蘇達州則頒布了全面禁止預測市場的法令，此舉符合州級立法限制此類平台的廣泛趨勢，儘管聯邦行政部門表示反對。

The subcommittee has initiated a series of inquiries to determine whether a minimum federal regulatory standard is required to supplement existing state-level oversight.

小組委員會已啟動一系列調查，以確定是否需要制定最低聯邦監管標準，以補充現有的州級監督。