People could use online prediction markets only in states with an approved betting program. The bill adds age checks, deposit limits, self-ban lists, ad limits, and penalties for platforms that break the rules.
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Prediction Markets Security and Integrity Act of 2026 is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on the Judiciary.
Latest action on S. 4060: Read twice and referred to the Committee on the Judiciary.
Who this affects: This bill mainly affects people who use online prediction markets, companies that run them, and states or tribes that may want to regulate them. Users would see more checks, limits, and safer-exit tools. Operators would need licenses and tighter controls before they could do business. States and tribes would decide whether these markets can operate locally and could set tougher rules or bans.
Why this matters: This matters because online prediction markets could grow fast, but the rules for them are not the same everywhere. The bill would make them harder to run without state approval. It would also add stronger protections for users and more tools to catch fraud, insider betting, and match-fixing. The tradeoff is that tight rules could limit smaller platforms, research markets, or new products.
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