Pennsylvania HB2711 regulates prediction markets, setting age restrictions, prohibiting certain markets, and imposing penalties for violations.

Pennsylvania HB2711 introduces regulations for prediction markets, including age restrictions, participation exclusions, and prohibitions on certain markets. The bill mandates that providers maintain policies to exclude individuals under 21 years of age from participating in prediction markets. It also prohibits markets on the health status of individuals, death markets, and sporting events involving minors or high school teams. The bill imposes civil penalties for violations, including penalties for knowingly offering markets with entities engaged in gaming activities.

Pennsylvania HB2711 regulates prediction markets, setting age restrictions, prohibiting certain markets, and imposing penalties for violations.

Pennsylvania HB2711 introduces regulations for prediction markets, including age restrictions, participation exclusions, and prohibitions on certain markets. The bill mandates that providers maintain policies to exclude individuals under 21 years of age from participating in prediction markets. It also prohibits markets on the health status of individuals, death markets, and sporting events involving minors or high school teams. The bill imposes civil penalties for violations, including penalties for knowingly offering markets with entities engaged in gaming activities.