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BETS OFF Act

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

US HR 7955 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
8
Latest action
Apr 3, 2026

What it does

The BETS OFF Act would prohibit any person from placing, accepting, or facilitating wagers on specified events, which include acts of terrorism, assassinations, wars, and certain government-controlled or non-financial events whose outcomes are under complete control or known in advance. The bill amends existing federal laws related to racketeering, illegal gambling businesses, unlawful internet gambling funding, and commodity trading to incorporate this prohibition, allowing the Attorney General to pursue civil injunctive relief against violators. It would affect individuals and entities engaged in betting or financial trading activities tied to sensitive government or security-related…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Mar 17, 2026

  2. Committee (Current step)

    In committee · Apr 3, 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.

In the news

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Where it goes next

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

Work with this bill

BETS OFF Act | 52