GAMBLING

Bills and resolutions

Business and industry: prohibit any person from placing, accepting, or facilitating placement or acceptance of wagers in prediction markets regarding specified event (see S. 4115), S1090 [17MR] (see H.R. 7955), H2550 [17MR]

CFTC: prohibit certain event contracts involving sports and casino-style games (see S. 4160), S1544 [23MR]

——— prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, or other activities contrary to public interest, and allow States to exempt themselves from prohibition on gaming contracts (see H.R. 7840), H2471 [5MR]

——— prohibit listing of contracts relating to war, death, and similar activities (see S. 4035), S958 [10MR] (see H.R. 7942), H2529 [16MR]

——— prohibit registered entities from engaging in transactions involving sporting event or casino-style gaming contracts (see H.R. 7477), H2118 [10FE]

Dept. of HHS: establish grant program for providing services to individuals experiencing gambling addiction (see H.R. 7875), H2476 [9MR]

Dept. of Justice: provide national safeguards to prevent abuse and fraud in online prediction markets, prevent underage use of such markets, and return regulatory authorities and oversight of such markets to States (see S. 4060), S1009 [11MR]

Government: prohibit certain Federal officials, appointees, or employees from engaging in covered transactions involving prediction market contracts tied to Government policy, action, or political outcomes (see S. 4188), S1614 [25MR] (see H.R. 7004), H615 [9JA]

——— prohibit Federal elected and senior Federal officials from trading on prediction markets (see H.R. 8076), H2710 [25MR]

Taxation: restore one hundred percent deduction for wagering losses (see H.R. 6985), H251 [8JA]

Remarks in House

CFTC: prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, or other activities contrary to public interest, and allow States to exempt themselves from prohibition on gaming contracts (H.R. 7840), H2588 [18MR]