Bans financial companies from trading contracts based on sports or casino games.
This bill would stop certain financial companies from offering contracts tied to sporting events or casino games. These companies would not be able to list, help with, or clear such gambling-related transactions. It aims to keep regulated financial markets separate from sports betting and casino-style gambling.
Today, financial companies registered under the Commodity Exchange Act are not explicitly stopped from dealing in contracts based on sports or casino games. If this bill becomes law, these companies would be clearly banned from offering or processing any contracts tied to sporting events or casino-style gambling.
HR 7477 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.