Bill > A09635

This bill amends the public officers law to prohibit certain public officials and employees from using non-public information gained through their official duties to participate in prediction markets or mobile sports wagering platforms. Specifically, it applies to officers and employees of state agencies, members of the legislature, and legislative employees. Prediction markets are platforms where individuals can bet on the outcome of future events, and mobile sports wagering platforms are apps or websites used for betting on sports. The bill clarifies that using such information for these purposes, which include platforms like Polymarket, Kalshi, PredictIt, Iowa Electronic Market, Auger, Robinhood, FanDuel, and DraftKings, is prohibited. This measure aims to prevent the misuse of insider information for personal financial gain in these betting arenas.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A9635