Congress·In Committee·H.R. 7477
Fair Markets and Sports Integrity Act
Financial Markets: Sports Betting Ban
Legislative Progress
House
Key Points
- This bill would stop financial trading platforms from offering bets on sports or casino games. It changes the rules for markets that usually handle things like farm crops or energy to make sure they aren't used for gambling.
- The ban includes all professional, college, and amateur sports. It also covers common casino games like poker, blackjack, slot machines, and lotteries, whether they are played in person or online.
- This proposal aims to protect the integrity of both sports and financial markets. By keeping them separate, it prevents people from using the financial system to place large bets on the outcome of games or matches.
- If passed, companies that run these trading platforms would be legally blocked from listing or helping people trade any contracts that get their value from sports scores or gambling results.
Impact Analysis
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Milestones
2 milestones2 actions
Feb 10, 2026
Referred to the House Committee on Agriculture.
Feb 10, 2026
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Fair Markets and Sports Integrity Act
Bill NumberHR 7477
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Agriculture.
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.