Environment
Mixed / Neutral
50%
Benefits
- No material impact on the sector
Risks
- No material impact on the sector
StateNew YorkIntroduced
A 9251: Relates to prediction markets
Clyde Vanel
A 9251 status: Introduced — PRINT NUMBER 9251B (updated Aug 17, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
65OUT OF 100
Score:65/100 civic fit
Risk:Low Risk
Impact:High Impact 75/100
Earlier scoring method. Reanalyze to use the sector calculation.
Constitutionality70%
Bipartisan50%
Public opinion80%
Bill summary
The bill establishes a comprehensive regulatory regime for prediction markets while effectively banning several major categories of speculative activity in the state.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Critical outlook
40%
Benefits
- Establishes clear rules of the road for fintech operators
- Prevents market manipulation and potential fraud
Risks
- Explicitly bans entire classes of prediction markets
- Increases compliance costs for technology platforms
Society
Positive outlook
70%
Benefits
- Prevents predatory gambling on tragic events
- Mandates robust consumer protection and addiction warnings
- Strict age verification improves minor protection
Risks
- Limits individual choice in speculative activity
- Possible restriction on expression-based prediction markets
Technology Industry
Not scored in this analysis.
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Civic Accountability
Not scored in this analysis.
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Public Health & Safety
Not scored in this analysis.
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03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
Potential First Amendment challenges regarding the broad prohibition of political markets
Analysis scope
Does not account for future judicial interpretation of political markets as protected speech
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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