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Announcements Mar 26, 2026 at 1:45 PM

AOC draws parallel between prediction markets and Big Tobacco, floats advertising ban

Posted by businessinsider


https://www.businessinsider.com/ocasio-cortez-compares-prediction-markets-big-tobacco-advertising-ban-2026-3?utm_source=listnook&utm_medium=social&utm_campaign=insider-politics-sub-post

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breakevencloud Mar 26, 2026 +54
God, please. End all gambling ads. I’m sick of not being able to listen to anything outside of NPR without a gambling ad coming on every 15 minutes. I’ve completely tuned out of sports in recent years because it’s absurd.
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buffdaddy77 Mar 26, 2026 +5
“Good evening, this is Scott Inskeep here to tell you that you dont need a retirement fund. All you need is Kalshi. The newest, most innovative betting, I mean, prediction market software. Win millions today on kalshi. Stay tuned. Up next we have This American Life.”
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JahoclaveS Mar 26, 2026 +1
I didn’t even care that much about the sports betting amendment in Missouri, except that I knew it was going to flood the state with their f****** advertising. So sad that it narrowly passed. Then if they could ban insurance ads until they’re less obnoxiously shit.
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JessieJ577 Mar 26, 2026 +1
Or how all these pranksters harass people to advertise gambling in their videos
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Dramatic_Wealth8638 Mar 26, 2026 +51
Can we just have a ban on congress buying stocks during their time as lawmakers? Lets just do that.
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vagabending Mar 26, 2026 +21
Let’s do both
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Bittererr Mar 26, 2026 +6
There have been plenty of proposed bills over the years to do so, but doing that is a lot more straightforward than the betting market thing because stocks are already regulated and members of Congress already disclose their trades. That said, most members of Congress aren't active stock traders and of the ones that are most of them don't outperform the market.
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ElCamo267 Mar 26, 2026 +1
At the very least, they should have to declare trades immediately as they happen. I'd prefer a blind trust and heavy scrutiny on relatives of theirs during their terms. Shit, I'd even support doubling their salaries to compromise. But they'd never kneecap themselves like that.
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AggravatingLayer5080 Mar 26, 2026 +1
What about those select few that are/were in the room with Mango Mussolini like MTG. She swung big and scored on her "insider trading".
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SwissChzMcGeez Mar 26, 2026 +1
Just as soon as you can get Congress to vote on it...
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PanzerSloth Mar 26, 2026 +7
God can we PLEASE go through with this? If I have to hear another stupid ass gambling ad I'm going to go insane.
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IrrelevantLeprechaun Mar 26, 2026 +2
Personally I'm a bit tired of every democrat headline being "they're floating the idea" instead of being "democrats propose a vote in Congress." They're forever floating ideas, and then the ideas float away never to be heard from again.
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PanzerSloth Mar 27, 2026 +1
No no it's okay they have concepts of a plan! They'll definitely send a single tweet about it at 3am once.
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Alagore Mar 27, 2026 +1
This isn't really fair. Every time democrats are given the power by voters, they pass legislation that helps massive swaths of the American people.
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kemikiao Mar 27, 2026 +1
I bet $5 you don't go insane though....any takers?
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PanzerSloth Mar 27, 2026 +1
Ohohoho I finally get to snap the last fragile thread of my sanity AND get five bucks?? I'll take that bet!
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Disastrous-Special30 Mar 26, 2026 +3
It’s not a “prediction market” it’s illegal gambling. Get rid of all online gambling.
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businessinsider Mar 26, 2026 +6
**From Business Insider’s Bryan Metzger:** When it comes to regulating prediction markets, Rep. Alexandria-Ocasio-Cortez thinks about Big Tobacco. "I think there's a lot of things that we can learn from regulation of the tobacco industry that we can apply here," the New York Democrat told Business Insider on Wednesday. Ocasio-Cortez floated a "ban on advertising" for prediction markets, while noting that restrictions on the tobacco industry have included a TV advertising ban, bringing cigarettes behind store counters, and raising minimum age requirements. "Just like when we took on Big Tobacco, there was a large array of different regulations that were brought up to effectively rein in the industry," she said. "It wasn't one silver bullet." In recent days, the New York progressive has emerged as a staunch critic of prediction markets, lamenting a recent Polymarket licensing deal with Major League Baseball as "sad" while arguing that Kalshi's recent steps to combat insider trading are "absolutely not enough." [Read more about AOC’s proposed crack down on the prediction market industry.](https://www.businessinsider.com/ocasio-cortez-compares-prediction-markets-big-tobacco-advertising-ban-2026-3?utm_source=reddit&utm_medium=social&utm_campaign=insider-politics-sub-post)
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Etzell Mar 26, 2026 +6
Good start. Sports betting, next, please.
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Basicly-Inevitable Mar 26, 2026 +2
The only advertisements they need are the stories about insiders making millions.
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RabidHexley Mar 26, 2026 +2
I don't see why we would want to allow ads for gambling in general.
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DA_Bears_Da_Cubs Mar 26, 2026 +2
💯 support this don’t care what side of the aisle. Can’t even listen to sports talk radio without gambling talk. Can’t watch TV without a gambling ad. Ridiculous
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bricklab Mar 26, 2026 +1
Gambling as a whole should not be allowed to advertise. I now know two people going to gambling addiction rehab. Our country has too many issues without allowing gambling to do to us what it has done to Australia.
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ElCamo267 Mar 26, 2026 +1
Dear Leader and family have a stake in prediction markets. So naturally, 100% of Rs and Fetterman will vote no.
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IrrelevantLeprechaun Mar 26, 2026 +1
Stop floating it and start doing it. Bring it to a vote instead of fantasizing about it.
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atda Mar 27, 2026 +1
I want it banned just because every ad is so f****** annoying.  The added benefit is less addiction...
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MentalDisintegrat1on Mar 27, 2026 +1
Ban them in general they are quite obviously used for insider bets. It's no different than insider trading.
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SouthEastSmith Mar 26, 2026
I think they need to triage better.
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sillybuddah Mar 26, 2026
I’m
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