Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision

Summary

The Senate‑passed SF 4511 prohibits the operation of prediction markets—wagers on outcomes like sports, elections, disasters or legal cases—and gives the gambling director authority to issue cease‑and‑desist orders and seek court injunctions. It also makes specific criminal convictions a disqualification for obtaining a state gambling license. The measure takes effect on August 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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