(a) A person commits an offense if, for the purpose of deriving a pecuniary benefit, the person engages in conduct intended to influence the occurrence or nonoccurrence of an event while the person, or another acting in active concert with the person, is a party to a contract traded on a prediction-market by which the person will derive such pecuniary benefit directly from the settlement of that contract based on the occurrence or a nonoccurrence of the event.
(b) A violation of subsection (a) is a Class E felony.
(c) As used in this section, “prediction-market” means a marketplace or exchange on which individuals trade contracts based on the occurrence or nonoccurrence of specified future events.