Congressional leaders introduced the BETS OFF Act to ban gambling on sensitive government events and enhance illegal gambling laws.
Quiver AI Summary
Legislation introduced to ban wagering on government actions: Congressman Gabe Amo, Senator Chris Murphy, Congressman Greg Casar, and Congresswoman Yassamin Ansari have announced the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act. This legislation aims to prohibit betting on government actions, terrorism, and war while amending illegal gambling laws to impose penalties on violators.
Concerns raised over prediction markets: The sponsors have highlighted potential conflicts of interest, stating that allowing officials to engage in such betting undermines public trust. "There’s no getting around the fact that any prediction market where somebody knows or controls the outcome of a bet is ripe for corruption," Senator Murphy noted.
Broad support and implications: The bill has garnered endorsements from various organizations concerned about corruption. The representatives emphasize the negative impacts of prediction markets, claiming they promote unethical behavior among officials and could commodify critical governmental decisions.
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.
Gabe Amo Fundraising
Gabe Amo recently disclosed $237.4K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 423rd most from all Q4 reports we have seen this year. 60.4% came from individual donors.
Amo disclosed $122.0K of spending. This was the 621st most from all Q4 reports we have seen from politicians so far this year.
Amo disclosed $1.5M of cash on hand at the end of the filing period. This was the 278th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Gabe Amo's fundraising on Quiver Quantitative.
Gabe Amo Net Worth
Quiver Quantitative estimates that Gabe Amo is worth $74.1K, as of March 18th, 2026. This is the 466th highest net worth in Congress, per our live estimates.
Amo has approximately $18.1K invested in publicly traded assets which Quiver is able to track live.
You can track Gabe Amo's net worth on Quiver Quantitative's politician page for Amo.
Gabe Amo Bill Proposals
Here are some bills which have recently been proposed by Gabe Amo:
- H.R.7896: To establish within the National Oceanic and Atmospheric Administration a research program comprising global ocean monitoring and observing, and for other purposes.
- H.R.7307: SUPPLIES Act
- H.R.7089: PARK Act
- H.R.7088: NO NATO for Purchase Act
- H.R.6426: STOP Scams Against Seniors Act
- H.R.6425: National Strategy for Combating Scams Act of 2025
You can track bills proposed by Gabe Amo on Quiver Quantitative's politician page for Amo.
2026 Rhode Island's 1st Congressional District Election
There has been approximately $2,221,730 of spending in Rhode Island's 1st congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Rhode Island's 1st congressional district election.
