"We applaud Reps. Steven Horsford and Mark Amodei for introducing the Prediction Markets are Gambling Act in the U.S. House." Culinary Union Secretary-Treasurer Ted Pappageorge said in a release.

"In Nevada, prediction markets are threatening the jobs of 60,000 Culinary Union members who are employed at casino resorts on the Las Vegas Strip, in downtown Las Vegas and in Reno," he said. "We thank Sen. Adam Schiff for his leadership and Sens. Catherine Cortez Masto and John Curtis for co-sponsoring the Prediction Markets Are Gambling Act in the Senate. Culinary Union members have organized for nine decades for hospitality jobs to be good union jobs with fair wages, the best family health care benefits and a guaranteed retirement pension. We will not let out-of-state prediction market companies gamble that away. Congress must stand with hospitality workers and pass the Prediction Markets Are Gambling Act."