Certain wagers and other activities regarding prediction markets prohibition provision and certain criminal convictions disqualifying for receiving a lawful gambling license provision

This bill would prohibit certain types of wagers and activities related to prediction markets, defining what constitutes a prediction market and making it a felony to create, operate, or facilitate them. It also makes advertising these prohibited markets a felony and adds criminal convictions as a disqualification for receiving a lawful gambling license. These changes would take effect on August 1, 2026.

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