Federal HB7477 prohibits registered entities from trading or facilitating contracts involving sporting events or casino-style games.

Federal HB7477, the Fair Markets and Sports Integrity Act, amends the Commodity Exchange Act to prohibit entities registered under it from engaging in transactions involving sporting event or casino-style gaming contracts. This includes listing, facilitating, or clearing any agreements or transactions based on sporting events or casino-style games. The bill defines "casino-style game" as games typically found in casinos, such as slot machines, blackjack, and poker, and "sporting event or athletic competition" as events involving physical or mental skill where outcomes are determined.

Federal HB7477 prohibits registered entities from trading or facilitating contracts involving sporting events or casino-style games.

Federal HB7477, the Fair Markets and Sports Integrity Act, amends the Commodity Exchange Act to prohibit entities registered under it from engaging in transactions involving sporting event or casino-style gaming contracts. This includes listing, facilitating, or clearing any agreements or transactions based on sporting events or casino-style games. The bill defines "casino-style game" as games typically found in casinos, such as slot machines, blackjack, and poker, and "sporting event or athletic competition" as events involving physical or mental skill where outcomes are determined.