Pennsylvania Lawmakers Introduce HB 2711 to Prohibit Sportsbooks From Prediction Market Making on July 28

According to Bitcoin.com News, Pennsylvania lawmakers introduced HB 2711 on July 28 to prohibit sportsbook companies and affiliates from serving as liquidity providers or market makers in prediction markets regulated by the Commodity Futures Trading Commission. The bill imposes a 21-year age minimum, excludes insider traders, and bans contracts involving high school sports, minors, personal health information, and death markets. Enforcement authority rests with the state attorney general.
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