Bipartisan legislation such as the Prediction Markets Are Gambling Act, introduced in March 2026 by Senators Schiff and Curtis, seeks to bar CFTC-registered platforms from offering sports event contracts, yet the measure and similar proposals have stalled in committee without floor votes or enactment. State-level restrictions, including Minnesota’s May felony ban and measures in Utah and Illinois, face federal preemption challenges, with courts issuing injunctions that allow continued operations under CFTC oversight. Ongoing litigation, including Ninth Circuit rulings favoring state gaming authority and CFTC enforcement actions against several states, has produced a fragmented regulatory landscape rather than uniform prohibition. With legislative calendars tightening and no broad congressional consensus emerging by late September, traders assign an 89% probability against a federal ban taking effect before year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedLaw banning sports prediction markets enacted in 2026?
$19,895 Vol.
$19,895 Vol.
$19,895 Vol.
$19,895 Vol.
Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".
The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
Market Opened: Mar 27, 2026, 1:53 PM ET
Resolver
0x65070BE91...Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".
The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
Resolver
0x65070BE91...Bipartisan legislation such as the Prediction Markets Are Gambling Act, introduced in March 2026 by Senators Schiff and Curtis, seeks to bar CFTC-registered platforms from offering sports event contracts, yet the measure and similar proposals have stalled in committee without floor votes or enactment. State-level restrictions, including Minnesota’s May felony ban and measures in Utah and Illinois, face federal preemption challenges, with courts issuing injunctions that allow continued operations under CFTC oversight. Ongoing litigation, including Ninth Circuit rulings favoring state gaming authority and CFTC enforcement actions against several states, has produced a fragmented regulatory landscape rather than uniform prohibition. With legislative calendars tightening and no broad congressional consensus emerging by late September, traders assign an 89% probability against a federal ban taking effect before year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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