Congress·In Committee·S. 4160

Prediction Markets Are Gambling Act

Prediction Markets: Ban on Sports and Casino Betting

Mar 23·View on Congress.gov·Read full text

Next up: A senate committee

This bill is currently in the early stages of the legislative process. It has been sent to the Senate Committee on Agriculture, Nutrition, and Forestry for review. There are no upcoming votes scheduled at this time.

Legislative Progress

Senate

House

President

Law

Could go either way

The bill has support from both parties in the Senate, but many bills like this struggle to get a full vote before the session ends.

Key Points

This bill would stop financial trading platforms from letting people bet on the outcome of sports games or casino games. It targets trades based on whether a specific event happens, which are often called event contracts.
The ban covers all professional, college, and amateur sports. It also includes casino games like blackjack, roulette, poker, and even digital versions of these games.
This change would mostly affect prediction markets and the people who use them. These platforms would no longer be allowed to offer these types of bets to the public.
The bill makes it clear that it does not take away power from the states. State governments would still be allowed to make their own laws about gambling and sports betting within their borders.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Mar 23, 2026Senate

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Mar 23, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Prediction Markets Are Gambling Act

Bill NumberS 4160

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(2)

D: 1R: 1

Analysis generated by AI. Always verify with official sources.