Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision
Senate file first reading, referred to Commerce Finance and Policy
Summary
The bill makes it a felony to create, run, facilitate, provide data for, or advertise prediction markets—wagers on outcomes such as sports events, elections, disasters, or other future events. It updates the director’s cease‑and‑desist authority and clarifies which contracts are not considered bets. The law takes effect on August 1 2026.
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