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This bill amends the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities the Commodity Futures Trading Commission determines are contrary to the public interest. It also allows states to exempt themselves from the prohibition on gaming contracts.
Sec. 2, Prohibition on event contracts contrary to the public interest: This section makes it unlawful to list or trade event contracts based on unlawful activity, terrorism, assassination, war, gaming, election results, government conduct, or other similar activities the Commission determines are contrary to the public interest. It defines 'gaming' as any aspect of a live, simulated, or virtual physical or mental challenge or game of chance. A state may exempt itself from the gaming prohibition if its law expressly does so. These changes take effect 180 days after enactment.
Summary of the bill text as introduced in House (Mar 5, 2026), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.
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Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.