Five Lawmakers Demand Youth Gambling Data From DraftKings, FanDuel, Kalshi, and Seven Other Operators

Five members of Congress — Representatives Valerie Foushee, Paul Tonko, Betty McCollum, Kevin Mullin, and Sen. Richard Blumenthal — sent letters on May 11, 2026 to the CEOs of ten companies demanding information about how their platforms market to young adults. The letters targeted bet365, BetMGM, Caesars, DraftKings, Fanatics, FanDuel, Kalshi, Polymarket, PrizePicks, and Robinhood, and requested written responses by May 29, 2026.

The lawmakers cited research from Common Sense Media and a Morning Consult survey finding that 77% of Americans believe prediction market platforms could increase gambling-related harm among young adults. They specifically highlighted a Kalshi TikTok advertisement in which a user claims to have covered two years of rent through the platform, arguing that prediction markets present speculative wagering to financially vulnerable young adults as a legitimate financial strategy. The letter also criticized March Madness advertising from DraftKings, FanDuel, BetMGM, Caesars, and Fanatics, describing it as an industry-wide race to capture new customers.

What the Letters Demand

Companies are asked to disclose any regulatory actions, fines, or settlements related to underage access, predatory advertising, or consumer protection violations. They must also provide information about the percentage of active users aged 18 to 24, how much revenue comes from that age group, what safeguards exist to prevent access by under-18 users, and what internal policies govern ad placement on platforms where substantial under-21 audiences are present. The lawmakers noted that DraftKings, FanDuel, Fanatics, and bet365 have formed a political action committee, Win for America, that has contributed $9.5 million to state legislative races.

Timing and Legislative Context

The letters land one week before the Senate Commerce Subcommittee’s May 20 hearing on sports betting and prediction markets, which will be the first formal Congressional examination placing both industries in the same room. The hearing, combined with multiple competing bills targeting prediction markets and growing scrutiny of sportsbook advertising, signals that 2026 is shaping up as a major regulatory inflection point for the online gambling industry. Those exploring licensed sportsbook options can review our sportsbook reviews for a breakdown of which operators are currently available. Our guide to prediction market legality covers the regulatory status of the platforms named in the letter.