Gambling is Not Investing
@EndBackdoorBets
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We are a coalition committed to stopping prediction markets from offering unsafe and unregulated sports event contracts that flout state and tribal laws.
Joined February 2026
When the chaser hits better than the shot.
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Mick Mulvaney’s anti-prediction market “Gambling is Not Investing” group runs its “Quack like a Duck” truck ads in front of Polymarket’s Situation Room bar
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Monitoring the situation. Currently across the street from the Polymarket bar is an ad truck from Gambling Is Not Investing.
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If it quacks like a duck, it's probably sports betting. It should be regulated as such. @CFTC
I’m outside of Polymarket’s Situation Room pop up bar, where an anti sports betting truck is parked.
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Sports betting disguised as "sports event contracts" is still sports betting. Rebranding is not innovation.
To stay aligned with its stated mission to “democratize finance for all,” Robinhood has to persuade both itself and its users that sports betting isn't actually gambling, but trading. This conflation of investing, trading, and gambling is anything but democratizing finance.
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Mick's Picks @MickMulvaney is riding with Michigan to cut down the nets! When wagering on your national champion, remember that prediction markets skirt the consumer protections and state tax structures that legal sportsbooks comply with.
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Mick's Picks best bet for the Round of 64 is here! @MickMulvaney is picking South Florida moneyline. Reminder to only bet legally and responsibly on regulated sportsbooks, not on unsafe and unregulated prediction market platforms.
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Prediction markets are flouting state and tribal laws and targeting our youth with unsafe and unregulated sports betting disguised as so-called sports event contracts. It’s time to close the regulatory backdoor. Hear Executive Director @MickMulvaney's latest thoughts in Fortune.
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Welcome to Mick's Picks! With March Madness upon us, @MickMulvaney is betting the right way: in a safe, legal & regulated sportsbook. Take a look at the options below and you tell us why one is regulated as sports betting while the other is treated like investing.
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Two U.S. Representatives have introduced a bill to prohibit event contracts based on sports, terrorism, assassination, war, or illegal activity. The bill includes a clause to allow states to opt out of the sports event contract ban if they so choose. https://t.co/i6EgwCkibS
sportsbettingdime.com
Two Congressman introduced the Event Contract Enforcement Act, which seeks to prohibit sports event contracts and other controversial markets.
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Prediction markets have a teen gambling problem: Prediction markets are luring teenage gamblers, and that's a problem as depression, addiction, and financial loss loom https://t.co/BUqOTwPra2
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Read more about the legislation here: https://t.co/tq2GTTYBjR
blakemoore.house.gov
The Official U.S. Congressional website of Blake Moore of Utah's 1st District
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