Restricts the use of prediction markets and/or mobile sports wagering platforms by officers or employees of a state agency, members of the legislature or legislative employees when using information acquired by such public officer in the course of their official duties.
STATE OF NEW YORK
________________________________________________________________________
9825
IN SENATE
April 7, 2026
___________
Introduced by Sen. SKOUFIS -- read twice and ordered printed, and when
printed to be committed to the Committee on Ethics and Internal Gover-
nance
AN ACT to amend the public officers law, in relation to prohibiting the
use of prediction markets and/or mobile sports wagering platforms by
certain public officers when using information acquired by such person
in the course of their official duties
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph c of subdivision 3 of section 74 of the public
2 officers law, as amended by section 7 of part K of chapter 286 of the
3 laws of 2016, is amended to read as follows:
4 c. No officer or employee of a state agency, member of the legislature
5 or legislative employee should disclose confidential information
6 acquired by [him or her] such person in the course of [his or her] their
7 official duties nor use such information acquired by such person in the
8 course of their official duties to further [his or her] their personal
9 interests, including using that information to participate in prediction
10 markets and/or mobile sports wagering platforms that include, but are
11 not limited to:
12 (i) Polymarket;
13 (ii) Kalshi;
14 (iii) PredictIt;
15 (iv) Iowa Electronic Market;
16 (v) Auger;
17 (vi) Robinhood;
18 (vii) FanDuel;
19 (viii) DraftKings.
20 § 2. This act shall take effect on the ninetieth day after it shall
21 have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14464-01-6
