H.R. 7477 would prohibit commodities exchanges and other entities regulated under the Commodity Exchange Act from offering trading contracts based on sporting events, athletic competitions, or casino-style games. The bill defines "sporting events" broadly to include professional, college, and amateur sports—whether real, simulated, or virtual—and "casino-style games" to include slot machines, blackjack, poker, roulette, and similar games offered in casinos or online. The legislation targets financial entities that list, facilitate, or clear such contracts, effectively preventing the creation of betting markets on these events through commodities exchanges. There is no specific funding allocation or implementation timeline mentioned in the bill text. The measure was introduced in February 2026 and referred to the House Committee on Agriculture.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.