Bill Title: Amends the Sports Wagering Act. Provides that "sports wagering" also includes participation in any prediction market involving a sports event or any portion of a sports event, or the individual performance statistics of athletes in a sports event, including the offering, listing, solicitation, purchase, sale, trading, exchange, or settlement of any event contract, sports-event contract, or other contract, agreement, or transaction, whether described as a derivative, option, binary contract, or similar instrument, in which a person risks something of value on the occurrence, nonoccurrence, or outcome of such sports event or any portion of a sports event or athlete performance statistics; such activity constitutes sports wagering regardless of whether the contract, agreement, or transaction is entered into on a peer-to-peer basis, whether participants take positions against one another rather than against the operator, whether the operator is not a counterparty to the transaction, or whether the operator describes the activity as an investing opportunity, exchange, marketplace, or prediction market.

Sponsorship: Partisan Bill (Democrat 3)

Status: (Introduced - Dead) 2026-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB5142 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2026-02-05	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB5142

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB5142 currently on file.