WASHINGTON, Sept. 15 -- Sen. Martin Heinrich issued the following news release:

Heinrich to introduce an amendment to protect Indian Gaming Regulatory Act & Tribal-state compacts & prohibit CFTC-registered entities from online sports betting & casino-style gaming

WASHINGTON - U.S. Senator Martin Heinrich (D-N.M.) released the following statement after voting against advancing the Digital Asset Market Clarity Act (CLARITY Act), legislation that fails to protect state regulatory authority and Tribal gaming rights from prediction markets' unlawful online sports and casino-style gaming.

"The legislation we voted on today undermines Tribal sovereignty and states' police powers. And it directly threatens Tribes' gaming revenues, which would me...