Pennsylvania HB2711: An Act amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties.

What the bill says

Amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties.

From the introduced text, July 22, 2026:

Amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Title 4 of the Pennsylvania Consolidated Statutes is amended by adding a chapter to read: CHAPTER 20 PREDICTION MARKETS Sec. 2001. Definitions. 2002. Age restrictions. 2003. Participation exclusions. 2004. Market making restrictions. 2005. Certain markets prohibited. 2006. Material nonpublic information and market manipulation. 2007. Individual liability. 2008. Prediction platform market liability. 2009. Enforcement. 2010. Penalties. 2011. Rulemaking authority. 2012. Severability. § 2001. Definitions. The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Bid-ask format." A method that a party uses to submit an offer to buy a speculative position on a prediction market at a specific price or range of prices and an offer to sell a position at a specific price or range of prices, with market prices determined through the matching of the offer. "Death market." A prediction market that: (1) Enables a person to open a speculative position on the death, assassination or attempted killing of an individual or on a mass casualty event. (2) Does not include a prediction market in that the outcome could indirectly depend on …

Read the full official text

Sponsors

• Tarik Khan (D, 194) · primary sponsor
• Jeremy Shaffer (R, 28)
• Danilo Burgos (D, 197)
• Roman Kozak (R, 14)
• James Prokopiak (D, 140)
• Jamie Flick (R, 83)
• Anthony Bellmon (D, 203)
• Tiburcio, Ana (D, 22)
• Benjamin Sanchez (D, 153)
• Benjamin Waxman (D, 182)
• Christopher Pielli (D, 156)
• Brenda Pugh (R, 120)

Latest actions

1. July 22, 2026: Referred to CONSUMER PROTECTION, TECHNOLOGY AND UTILITIES, July 22, 2026

Common questions

What is HB2711?

HB2711 is a bill in the Pennsylvania Legislature (2025-2026 Regular Session): An Act amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties.

What does HB2711 do?

In its own words: Amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties.

What is the status of HB2711?

In committee as of July 22, 2026. Latest action: Referred to CONSUMER PROTECTION, TECHNOLOGY AND UTILITIES, July 22, 2026 (July 22, 2026).

Who sponsored HB2711?

Tarik Khan (D, 194), with 11 co-sponsors.

Where is the official record for HB2711?

On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb2711