Referred to the House Committee on Agriculture.
The bill amends the Commodity Exchange Act to prohibit registered entities from listing, clearing, or trading any agreement, contract, or transaction that relates to sporting events or casino-style games. It defines "casino-style game" and "sporting event or athletic competition," includes a non-preemption clause preserving state laws, and makes the prohibition effective for contracts entered into on or after enactment.
Liberal emphasizes consumer protection and sports integrity benefits
Relative to its intended legislative type, this bill is a concrete statutory amendment that clearly accomplishes a narrow substantive objective (prohibiting listing/clearing/trading of contracts related to sporting events and casino-style games on registered entities) and integrates that change into the Commodity Exchange Act with definitions and a non-preemption clause.
The bill amends the Commodity Exchange Act to prohibit registered entities from listing, clearing, or trading any agreement, contract, or transaction that relates to sporting events or casino-style games.
It defines "casino-style game" and "sporting event or athletic competition," includes a non-preemption clause preserving state laws, and makes the prohibition effective for contracts entered into on or after enactment.
Legally narrow and administrable, but potential opposition from financial/tech stakeholders and higher Senate hurdles lower overall odds.
Relative to its intended legislative type, this bill is a concrete statutory amendment that clearly accomplishes a narrow substantive objective (prohibiting listing/clearing/trading of contracts related to sporting events and casino-style games on registered entities) and integrates that change into the Commodity Exchange Act with definitions and a non-preemption clause. The bill relies on existing regulatory structures for implementation and enforcement but leaves broad interpretive terms and operational nuances unaddressed.
Liberal emphasizes consumer protection and sports integrity benefits
These are examples from the analysis, not a ranked list of the most-affected groups.
Liberal emphasizes consumer protection and sports integrity benefits
Likely supportive because it imposes federal limits on gambling-like prediction markets and aims to protect consumers and sporting integrity.
May still seek safeguards for innocent forecasting uses and for marginalized communities that face gambling harms.
Generally sympathetic to consumer protection and integrity goals but cautious about regulatory scope and economic consequences.
Would favor clarifying language, limited exemptions, and an analysis of compliance costs before broad implementation.
Likely opposed due to added federal restriction on market activity and potential regulatory overreach into exchanges and fintech.
Some social conservatives may welcome anti-gambling measures, but economic concerns dominate.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Legally narrow and administrable, but potential opposition from financial/tech stakeholders and higher Senate hurdles lower overall odds.
The bill has not accumulated any surfaced votes yet.
Liberal emphasizes consumer protection and sports integrity benefits
Legally narrow and administrable, but potential opposition from financial/tech stakeholders and higher Senate hurdles lower overall odds.
Relative to its intended legislative type, this bill is a concrete statutory amendment that clearly accomplishes a narrow substantive objective (prohibiting listing/clearing/trading of contracts related to sporting even…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.