Bipartisan bills like the Prediction Markets Are Gambling Act, introduced by Sens. Schiff and Curtis on March 23, and the broader STOP Corrupt Bets Act from Sen. Merkley and Rep. Raskin days later, seek to amend the Commodity Exchange Act and prohibit CFTC-regulated platforms such as Kalshi and Polymarket from listing sports event contracts, amid concerns over gambling loopholes and state tax revenue. However, trader consensus at 90% "No" reflects the lack of legislative progress, with no committee advancements or floor votes reported, compounded by a federal appeals court ruling on April 6 affirming CFTC preemption that exempts these markets as "swaps" from state gambling laws. CFTC lawsuits against states like Arizona and ongoing rulemaking further bolster the status quo, underscoring procedural hurdles to enactment before year-end.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गयाLaw banning sports prediction markets enacted in 2026?
Law banning sports prediction markets enacted in 2026?
Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".
The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
बाज़ार खुला: Mar 27, 2026, 1:53 PM ET
Resolver
0x65070BE91...Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".
The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
Resolver
0x65070BE91...Bipartisan bills like the Prediction Markets Are Gambling Act, introduced by Sens. Schiff and Curtis on March 23, and the broader STOP Corrupt Bets Act from Sen. Merkley and Rep. Raskin days later, seek to amend the Commodity Exchange Act and prohibit CFTC-regulated platforms such as Kalshi and Polymarket from listing sports event contracts, amid concerns over gambling loopholes and state tax revenue. However, trader consensus at 90% "No" reflects the lack of legislative progress, with no committee advancements or floor votes reported, compounded by a federal appeals court ruling on April 6 affirming CFTC preemption that exempts these markets as "swaps" from state gambling laws. CFTC lawsuits against states like Arizona and ongoing rulemaking further bolster the status quo, underscoring procedural hurdles to enactment before year-end.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गया
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