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, news coverage, or related bills 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.
