The measure, known as Senate File 2494, is aimed at event-driven contracts and the online platforms where people buy and sell them. Lawmakers are pitching it as a way to bring structure and oversight to prediction-style markets that have grown exponentially in the past two years.
The proposed legislation, PL-1808/2026, seeks to completely dismantle the regulatory framework established by Brazil's Bets Law, which was implemented on January 1, 2025. This includes a ban on all forms of online gambling operations, advertising, and payment processing, with significant penalties for violations.
The FARM Act, introduced by David Bexte, would require the federal minister to approve new agricultural products on a provisional basis within 90 days if they are already approved in at least two trusted jurisdictions.
"At its core this is about recognizing the once-in-a-generation moment for the largest sporting event in the world and to make sure Rhode Island is ready to meet it," Giraldo told members of the House Municipal Government Committee.
The MLB's financial and operational partnership with Polymarket and FanDuel provides the league's official blessing to gambling's ugly takeover of sports and bolsters its marketing, wagering, and legitimacy.
"Until recently, there was no specific legislation addressing the forgery of artworks and collectibles. Instead, these cases fell under the 'smoother' general provisions of the criminal code concerning fraud and forgery, which required proof of a financial transaction in order for an offence to be established."
"We're watching action, reaction, and counterreaction almost daily, and the policy environment is moving incredibly fast," noted Glenn Every, emphasizing the urgency of staying informed.
"What they're talking about doing is banning certain kinds of shapes," says Kyle Wiens of iFixit, an outspoken opponent of the proposals. "We are starting to really dangerously undermine a lot of assumptions that go into how we make and use technology."
Rep. Chip Roy stated, 'We aren't getting the job done. Part of that is because we are bound by this big, broken, fake filibuster of 60 votes. But part of it is you gotta have the willpower to do it.'
The state of New Jersey is incurring significant costs for public safety and security for hosting the World Cup games in the Meadowlands. If the state can recoup those costs by assessing fees on the entities sponsoring and producing the games, and on the people attending the games, then that should be something the administration pursues.
The coalition urged State Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie to shoot down the TWU Local 100-backed effort to prevent the MTA from expanding one-person train operation to more subway lines.
