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Ban on Gambling on Political Elections

This act aims to prohibit all forms of gambling and financial transactions based on the outcomes of political elections. This means citizens will not be able to bet money on who wins elections, intending to enhance the fairness of the electoral process and prevent manipulation.
Key points
The act introduces a complete ban on agreements, contracts, and financial transactions related to political election outcomes.
The goal is to protect the integrity of elections and prevent their use for speculative purposes.
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Status: Expired
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Additional Information
Print number: 118_HR_10505
Sponsor: Rep. Raskin, Jamie [D-MD-8]
Process start date: 2024-12-18
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Ban Gambling on Elections Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10505.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-12-18.

What are the main provisions?

Key points include:

  • The act introduces a complete ban on agreements, contracts, and financial transactions related to political election outcomes.
  • The goal is to protect the integrity of elections and prevent their use for speculative purposes.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Raskin, Jamie [D-MD-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Agriculture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

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