Prediction Markets Security and Integrity Act of 2026

This bill would bar online prediction markets, which let users trade on the outcome of non-financial events like sports and elections, from operating in a state unless that state runs a wagering program approved by the U.S. Attorney General. Approved state programs would have to license operators, bar users under 21, ban bets on sporting events after they start, limit deposits and bonuses, restrict advertising, and require record-keeping and reporting of suspicious transactions. The bill would ban insider trading and listings related to war, military action, or death, and would create a national self-exclusion list for people who want to block themselves from betting. Violations could bring fines of at least $50,000 per violation, up to 2 years in prison, or both, and states could pass stricter rules or ban these markets entirely.

Full text and official record on Congress.gov

Sponsors

• Richard Blumenthal Democrat sponsor
• 1 cosponsors