An act relating to prohibiting certain prediction markets securities

H.913 prohibits prediction markets that offer securities contingent on outcomes of sports events, politics, disasters, war, or death. It amends Vermont law to treat these markets as illegal wagering under criminal statutes (13 V.S.A. chapter 51) and deems related agreements void, allowing civil recovery for losses (9 V.S.A. chapter 101). The bill also adds a $0.50 fee per wager for all sports betting through state-licensed operators. It directly affects prediction market operators and sports betting platforms, expanding existing gambling regulations to cover these specific financial products.