Latest action: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Bill allows Americans to legally bet money on future events through regulated prediction markets.
The problem
Prediction markets currently operate in legal gray areas. Americans cannot easily participate in regulated event betting platforms.
The proposal
Creates a legal framework allowing prediction markets to operate under federal oversight. Establishes rules for how these betting platforms can function.
The impact
Traders, investors, and ordinary citizens gain access to legal prediction markets. Financial regulators gain new oversight responsibilities.
Prediction markets can aggregate information about future events more accurately than traditional forecasts. This helps businesses and policymakers make better decisions based on collective wisdom.
Creates a new financial industry with potential jobs in trading, technology, and regulation. Allows American companies to compete globally in prediction market technology.
Markets reveal what large groups of people actually believe will happen. This transparency can improve public understanding of future outcomes.
Americans gain legal access to prediction markets already popular in other countries. Removes restrictions on how citizens can engage in speculative trading.
Making prediction markets legal and accessible could increase problem gambling behavior. People may lose significant money betting on events they don't understand.
Wealthy traders could manipulate prediction markets to influence prices for profit. Requires strong enforcement to prevent fraud and deception.
Government agencies need new staff and resources to oversee prediction markets properly. Compliance costs could be substantial for regulators and companies.
People could bet on tragedies, deaths, or national disasters, raising ethical concerns. This commodifies human suffering and tragic events.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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