AN ACT PROHIBITING PREDICTION MARKET PLATFORMS FROM ALLOWING USE BY OR ADVERTISING TO CONSUMERS UNDER THE AGE OF TWENTY-ONE.
PUBLIC HEARING 0218
Summary
The bill bans prediction market platforms from allowing people younger than 21 to register, place bets, or be targeted with ads. It requires age verification, a voluntary self‑exclusion option, and restricts advertising that appeals to minors. Violations can lead to civil penalties up to $10,000 per offense, or $50,000 for repeat violations.
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