No, it isn't. The wording of the law is very narrow, going after VPNs that are being advertised to get around the prediction market ban.

The section in question states that it's a felony for anyone who "provides supportive services to a prediction market or consumer knowing that the services will be used to identify a consumer's location, transfer funds, or make or process payments for the purpose of allowing consumers to make wagers or to settle wagers made by consumers in violation of this section."