Horsford urges Congress to close a prediction-markets loophole after a court ruling supporting state gambling regulation.

Quiver AI Summary

Horsford responds to court ruling: Rep. Steven Horsford said the Ninth Circuit’s ruling means prediction markets are “gambling” and supports state and Tribal authority to regulate them. He said “the fight is not over” and called on Congress to act.

Legislation and concerns: Horsford urged passage of his bipartisan Prediction Markets Are Gambling Act, saying it would close a “loophole” allowing prediction-market platforms to offer sports betting and casino-style games. He also cited consumer protections, youth exposure, and gaming workers.

Case context: The press release says the ruling involved Nevada regulators and Kalshi, and notes a CNN analysis suggesting young adults aged 18 to 21 have traded an estimated $5.4 billion on Kalshi this year.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

Check out the Quiver Quantitative API to build on top of data on congressional stock trading, insider transactions, hedge fund moves, and more.

Steven Horsford Fundraising

Steven Horsford Fundraising

Steven Horsford recently disclosed $431.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2026. This was the 217th most from all Q2 reports we have seen this year. 36.8% came from individual donors.

Horsford disclosed $157.2K of spending. This was the 618th most from all Q2 reports we have seen from politicians so far this year.

Horsford disclosed $1.5M of cash on hand at the end of the filing period. This was the 295th most from all Q2 reports we have seen this year.

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You can see the disclosure here, or track Steven Horsford’s fundraising on Quiver Quantitative.

Steven Horsford Net Worth

Quiver Quantitative estimates that Steven Horsford is worth $97.5K, as of August 29th, 2026. This is the 464th highest net worth in Congress, per our live estimates.

Horsford has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Steven Horsford’s net worth on Quiver Quantitative’s politician page for Horsford.

Steven Horsford Bill Proposals

Here are some bills which have recently been proposed by Steven Horsford:

You can track bills proposed by Steven Horsford on Quiver Quantitative’s politician page for Horsford.

2026 Nevada’s 4th Congressional District Election

There has been approximately $14,641,578 of spending in Nevada’s 4th congressional district elections over the last two years, per our estimates.

Approximately $6,369,369 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

The rating for this race is currently “Likely D”.

You can track this election on our matchup page for the 2026 Nevada’s 4th congressional district election.


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Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.