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S. 4060 (119th Congress)Committee
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Prediction Markets Security and Integrity Act of 2026

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Summary

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The bill would establish national safeguards for online prediction markets, which it defines as platforms allowing users to enter agreements over the outcomes of non-financial events such as sports and elections. It would prohibit insider trading, conflicts of interest, and manipulation in such markets, bar listings that are susceptible to manipulation, relate to war or death, or violate federal or state law, and require operators to publish and enforce user rules and clearly state resolution conditions. The bill also states findings about harms and returns regulatory authority over these markets to states, including provisions for state wagering programs, age restrictions, and self-exclusion lists, though the provided text is truncated and the full scope of those provisions is not visible.

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