S 4160 · 119th CongressIn Committeecongress.gov ↗

Prediction Markets Are Gambling Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change the existing law that governs commodity trading to ban certain types of betting contracts that are based on sports events or casino-style games. No official summary is available for this bill.

Sponsor

Sen. Schiff, Adam B. [D-CA]

D

Introduced

March 23, 2026

Policy Area

Sports and Recreation

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