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Prediction Markets Are Gambling Act

In committee: it can still change before the session ends.

US S 4160 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Mar 23, 2026

What it does

The Prediction Markets Are Gambling Act would amend the Commodity Exchange Act to prohibit the listing, clearing, or trading of event contracts related to sporting events, athletic competitions, or casino-style games on registered entities. It defines sporting events broadly to include live or virtual contests involving physical activity or skill, and casino-style games to encompass traditional casino activities like slots, blackjack, roulette, and lotteries, as well as their simulations. The prohibition applies to any such contracts entered into on or after the date of enactment and does not override state laws that may also regulate or ban these activities.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Mar 23, 2026

  2. Committee (Current step)

    In committee · Mar 23, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Prediction Markets Are Gambling Act | 52