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Story summary
- Illinois Governor JB Pritzker signed an April 21, 2026 executive order prohibiting state employees from using insider information to bet on prediction-market apps.
- Pritzker cited insider trading risks and examples of significant profits from confidential information.
- The move aligns Illinois with six other states regulating the emerging betting sector, strengthening laws against nonpublic information for personal gain.
- U.S. Representatives introduced legislation to bar Congress members from similar insider betting.
