Requires a license from the department of financial services to operate a prediction market; defines "prediction market" as any platform, electronic or physical, that allows participants to place wagers, trades, or financial positions on the outcome of future events, including but not limited to political, economic, weather, or other contingencies, where payouts are tied to event outcomes; provides for standards of conduct and enforcement authority by the department of financial services.

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NY A11521 is a house bill in the New York 2025-2026 General Assembly, sponsored by John McDonald (D), currently “Introduced” since May 28, 2026.

We track 14,725 New York bills this session, 85 of them sponsored by John McDonald.

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