S4060-119

In Committee

Prediction Markets Security and Integrity Act of 2026

119th Congress Introduced Mar 11, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill creates introduces a delegation of rulemaking provision: 2. Congressional findings Congress finds that— online prediction markets offer services that are substantially the same as betting, wagering, gambling, and sports, expands a loan guarantee, reporting req, compliance mandate provision: 3, and adds or tightens a compliance mandate, definition change provision: 4. It relies on compliance mandates, delegation of rulemaking, loan guarantees, and definition changes. The main policy areas are Healthcare, Criminal Justice, Civil Rights, and Defense.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Creates introduces a delegation of rulemaking provision: 2. Congressional findings Congress finds that— online prediction markets offer services that are substantially the same as betting, wagering, gambling, and sports...
  • Expands a loan guarantee, reporting req, compliance mandate provision: 3.
  • Adds or tightens a compliance mandate, definition change provision: 4.
  • Creates introduces a neutral technical change provision: 5. Consumer safeguards and stopping predatory tactics An online prediction market may not operate in a State unless expressly authorized under a State wagering...
  • Adds or tightens a compliance mandate, product standard, delegation of rulemaking provision: 6.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill creates introduces a delegation of rulemaking provision: 2. Congressional findings Congress finds that— online prediction markets offer services that are substantially the same as betting, wagering, gambling, and sports, expands a loan guarantee, reporting req, compliance mandate provision: 3, and adds or tightens a compliance mandate, definition change provision: 4.

Key Policy Areas

Healthcare, Criminal Justice, Civil Rights, Defense

Primary Purpose

The bill creates introduces a delegation of rulemaking provision: 2. Congressional findings Congress finds that— online prediction markets offer services that are substantially the same as betting, wagering, gambling, and sports, expands a loan guarantee, reporting req, compliance mandate provision: 3, and adds or tightens a compliance mandate, definition change provision: 4.

Policy Domains

Healthcare Criminal Justice Civil Rights Defense

Legislative Progress

In Committee
Introduced Committee Passed
Mar 11, 2026

Read twice and referred to the Committee on the Judiciary.

Mar 11, 2026

Introduced in Senate

Mar 11, 2026

Mr. Blumenthal (for himself and Mr. Kim) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Healthcare Criminal Justice Civil Rights Defense
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

Key Definitions

Terms defined in this bill

1 term
"State regulatory entity" §H61D06A3F466946B3B33E542619360D1A

the governmental entity— established or designated by a wagering opt-in State under section 6(a)(2)(A)(ii)

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology