Hawaii lawmakers propose banning prediction event contracts
Hawaii lawmakers introduced House Bill 2198 to classify specified prediction event contracts as illegal gambling. Representative Scot Matayoshi and 16 Democratic co-sponsors propose prohibiting contracts related to sports, contests, people, politics, catastrophe and death; the bill was referred to two House committees and would take effect on July 1 if approved.
The proposal would change the state’s treatment of prediction contracts and could affect platforms offering them to Hawaii users.