# 119-s-4160: Prediction Markets Are Gambling Act

119-s-4160, Prediction Markets Are Gambling Act, is a 119th Congress bill sponsored by Sen. Schiff, Adam B. [D-CA] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-08-02).

- Canonical: https://policyrisk.com/legislation/119-s-4160
- As of: 2026-08-02
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4160
- Congress: 119
- Title: Prediction Markets Are Gambling Act
- Status: introduced
- Introduced: 2026-03-23
- Sponsor: Sen. Schiff, Adam B. [D-CA] (D-CA)
- Cosponsors: 2
- Policy area: Sports and Recreation
- Touches household money: yes
- Last recorded action: 2026-08-02

## Summary

**Bans derivatives tied to sports and casino-style events on registered U.S. exchanges and clearinghouses.** This bill would add a new prohibition to the Commodity Exchange Act that stops registered entities from listing, clearing, or trading contracts based on sporting events, athletic competitions, or casino-style games and it defines the covered games and contests.

## Cosponsors (2)

- Sen. Curtis, John R. [R-UT] (R-UT), 2026-03-23T00:00:00.000Z
- Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2026-03-23T00:00:00.000Z

## Provisions PRIA read

- Ban on sports and casino contracts: cost, low. If enacted, the bill would ban listing, clearing, or trading of contracts tied to sporting events or casino-style games on registered exchanges or clearinghouses. Casino-style games would include slots, video poker, blackjack, roulette, craps, bingo, lotteries, and simulations. Sporting events woul…

## Related bills

- 119-s-4949: Water Resources Development Act of 2026
- 119-s-1748: Kids Online Safety Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-5283: Momnibus Act
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-3990: PrEP Access and Coverage Act of 2026

## Sources
- [119-s-4160 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4160)

## Related
- [119-s-4949: Water Resources Development Act of 2026](https://policyrisk.com/legislation/119-s-4949)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4160 (as of 2026-08-02).