Docket Room.
A 9251·NY·house

Relates to prediction markets

In CommitteeFiled Nov 7, 2025
Sponsor: Clyde Vanel (D)
Latest Action

PRINT NUMBER 9251B

Aug 17, 2026

Summary

The bill adds Article 48 to the Business Law, setting a 21‑year age floor, outlawing markets on politics, disasters, deaths, securities and sports, and imposing strict advertising, credit, and market‑making rules for prediction‑market platforms. It also creates civil penalties, gives enforcement power to the attorney general and gaming commission, and directs any fines to problem‑gambling programs.

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

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