Congress bans sports-betting derivatives from regulated exchanges
H.R. 7477 — Fair Markets and Sports Integrity Act · Filed by Dina Titus (D-NV) · 1 cosponsor · Introduced Feb 10, 2026 · Referred to committee
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What it does
This bill amends the Commodity Exchange Act to prohibit registered commodity exchanges and clearinghouses from listing, facilitating, or clearing any contracts or derivatives based on sporting events, athletic competitions, or casino-style games. It bars these financial platforms from offering bets or wagers on sports outcomes or casino games in any form—live, simulated, or virtual.
Why we flagged it
The bill's operative mechanism is a straightforward ban on a specific class of financial contracts. It does not deregulate, subsidize, or create carve-outs; it restricts the scope of what commodity exchanges may offer.
What the text implies
- Blocks development of regulated sports-outcome derivatives markets, potentially pushing such trading into unregulated or offshore venues where fraud and manipulation are harder to detect.
- May eliminate a hedging tool for professional sports leagues, broadcasters, and media companies that use derivatives to manage revenue volatility tied to game outcomes.
- Defines 'sporting event' broadly to include simulated and virtual competitions, potentially capturing esports and video-game tournaments if they are deemed 'athletic performance.'
Section numbers refer to the bill text the analysis read — linked under Primary records below.
Who it affects
The bill protects citizens from potential fraud and market manipulation in unregulated sports-betting derivatives by blocking their listing on commodity exchanges, but it simultaneously restricts citizens' freedom to enter into contracts they might otherwise choose and eliminates a potential avenue for price discovery and hedging in sports-outcome markets.
Named in the bill
Commodity Exchange Act, Section 4c, registered entities (commodity exchanges, clearinghouses), sporting events, athletic competitions, casino-style games
Where it stands
1 cosponsor: 1 Democrats.
- Feb 10, 2026 — Introduced · Congress.gov: “Introduced in House”
- Feb 10, 2026 — Referred to House Committee on Agriculture · Congress.gov: “Referred to the House Committee on Agriculture”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
4 lobbying clients named this bill on 4 disclosure filings across 1 quarter, Jun 2026 to Jun 2026. Those filings disclosed $340,000 in lobbying spend. A filing names 10 bills on average, so that figure is what each filing reported, not a share belonging to this bill.
More lobbying clients named this bill than 72% of bills with at least one filing.
Dina Titus, the sponsor, reported $775,196 in PAC receipts in the 2026 cycle.
- Intralot. Inc. — $120,000 on 1 filing
- Bally's Corporation — $90,000 on 1 filing
- Mille Lacs Band of Ojibwe Indians — $80,000 on 1 filing
- St Regis Mohawk Tribe — $50,000 on 1 filing
Lobbying Disclosure Act filings through Jul 20, 2026. A filing shows who paid to lobby on a bill it names, not what changed.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (1,235 characters) on Aug 31, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,222 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 20, 2026 · page rendered 2026-10-20.
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