Bills · S 4160
IN COMMITTEE· 119TH CONGRESS
Senate BillS 4160Sports and Recreation
Prediction Markets Are Gambling Act
INTRO MAR 23· LAST ACTION MAR 23
READING
2MIN
COSPONSORS
2BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it draws a clear line between what is considered legitimate financial trading and what is considered gambling within a specific type of financial market. If it becomes law, it would prevent certain online platforms from offering contracts that allow people to bet on sports or casino game outcomes, treating these activities more like traditional gambling than financial speculation.
Voters should care because it could change how some online betting or prediction activities are regulated in the U.S. If the bill doesn't pass, these types of event contracts related to sports and casino games could continue to be offered on financial trading platforms, raising questions about consumer protection and the nature of these markets. The bill seeks to prevent what it views as a blurring of lines between financial markets and gambling.
KEY PROVISIONS
4AI-extractedPROVISION 01
Amends the Commodity Exchange Act to prohibit event contracts related to sporting events or athletic competitions.
This stops regulated financial platforms from offering ways to bet on sports outcomes.
PROVISION 02
Prohibits event contracts related to casino-style games, including slot machines, blackjack, roulette, bingo, and lottery.
This prevents financial platforms from offering contracts that mimic casino gambling.
PROVISION 03
Clarifies that this federal prohibition does not override existing or future state laws regulating or prohibiting these activities.
This ensures that states maintain their authority to regulate gambling and similar activities.
PROVISION 04
Applies the prohibition to any new agreement, contract, or transaction entered into on or after the bill's enactment date.
This specifies when the new rules take effect, immediately upon the bill becoming law.
SPONSORSHIP
1 + 2
D· California
YRS IN OFFICE
25
BILLS LED
97
COSPONSOR BREAKDOWNBIPARTISAN · 100%
DEM 1 REP 1 IND 0
ACTION TIMELINE
2 EVENTSMAR 23
Introduced in Senate
MAR 23
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
BILL INFO
TypeSenate Bill
NumberS 4160
Congress119th
StatusIn Committee
IntroducedMar 23, 2026
Last actionMar 23, 2026
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IN COMMITTEE· 119TH CONGRESS · AGRICULTURE, NUTRITION, AND FORESTRY COMMITTEE · INTRODUCED MAR 23, 2026
Senate BillS 4160Sports and Recreation
Prediction Markets Are Gambling Act
INTRODUCED MAR 23, 2026· LAST ACTION MAR 23, 2026
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
2
COMPLEXITY
Moderate
