An Act amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, providing for prediction markets; and imposing civil penalties.

This bill legalizes prediction markets in Pennsylvania by adding a new chapter to the state's amusement laws that defines how these speculative platforms must operate. It directly affects the companies that build and run these platforms, as well as the individuals who wish to place bets on the outcomes of future events. Key provisions include setting a minimum age of 21 for participants, banning markets related to deaths or assassinations, and prohibiting anyone involved in gambling from acting as a market maker or sharing in the platform's revenue. The legislation also establishes rules to prevent insider trading and market manipulation, while giving the state board authority to create specific regulations and impose civil penalties for violations.