New York Reintroduces Bill Restricting Prediction Markets

New York Bill Restricting Prediction Markets Re-Introduced For 2026 Session

New York lawmakers will continue to work in 2026 to pass a bill that would restrict certain prediction markets while adding consumer protection requirements for platforms operating in the state.  New York Assembly Bill A9251, also known as the ORACLE Act (Oversight and Regulation of Activity for Contracts Linked to Events), was re-referred to the Assembly Committee on Consumer Affairs and Protection on Jan. 7, restarting its review for the curre…

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ORACLE Act Targets Prediction Markets With Strict Rules

The ORACLE Act, known as the Oversight and Regulation of Activity for Contracts Linked to Events, was reintroduced in the New York State Assembly by Assembly Member Clyde Vanel on January 7 to set stricter rules for platforms that offer prediction markets.

Revived NY bill targets sports, politics and death prediction markets

New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others.

New York Reintroduces Bill Restricting Prediction Markets

A New York lawmaker has reintroduced a bill to restrict prediction markets by banning contracts tied to particular sporting and political events and “death markets.”