Politicians are targeting sports prediction contracts. Political, financial, weather, and geopolitical markets are in a different legal category — and are not affected by any current or proposed ban.
States argue these are gambling. The Prediction Markets Are Gambling Act targets sports contracts.
CFTC-regulated financial derivatives. No state ban applies. No legislation targets these.
The key distinction: sports betting is regulated state-by-state as gambling. Financial, political, and economic derivatives are regulated at the federal level by the CFTC. Federal law preempts state law for CFTC-licensed instruments.
| Category | Examples | Sports Ban? | DEATH BETS? |
|---|---|---|---|
| Political / Elections | Presidential elections, Senate races, ballot propositions, approval ratings | Not Affected | Not Affected |
| Financial / Economic | Fed rate decisions, CPI prints, GDP reports, inflation targets, earnings | Not Affected | Not Affected |
| Geopolitical | Diplomatic outcomes, foreign elections, international events | Not Affected | Partial |
| Weather | Temperature records, storm landfalls, precipitation milestones | Not Affected | Not Affected |
| Entertainment / Culture | Award show winners, box office results, reality TV outcomes | Not Affected | Not Affected |
| Sports Events | Game outcomes, championship winners, player performance | Targeted | Not Affected |
"Partial" for geopolitical: the DEATH BETS Act targets war/assassination sub-contracts, not diplomatic outcome markets.
Full non-sports catalog available. Sports contracts currently offered but targeted by Schiff-Curtis bill.
QCX LLC (Polymarket US) relaunched Dec 2025 with CFTC license. Currently offers sports markets only; non-sports categories listed as 'COMING SOON' on the official app.
Interactive Brokers platform. Focused exclusively on financial events — macro data, rates, earnings.
Removed
Unaffected
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A handful of states block prediction markets via court injunction (Nevada) or pending enforcement (Ohio, Arizona for sports and elections). Use the state checker to see what's available where you are.
Check My StateLive status of all active legislation and enforcement
Federal vs state jurisdiction breakdown for geo markets
Honest debate on the normative case for and against
What's available in your state right now
Honest Disclosure
Legislative status information is sourced from primary government sources and updated as bills progress. This page reflects the law as of March 2026 — always verify current status via the Regulatory Tracker.
