41-state lobbying drive: $3M+ spent in 2026

A lobbying campaign spanning 41 states

Kalshi, Polymarket and the Coalition for Prediction Markets have spent at least $3 million on lobbying and campaign contributions in 2026, according to Gaming America.

The outlet describes a lobbying effort reaching 41 states. Its summary places the spending at both the state and federal levels, making the campaign broader than a Washington-only initiative.

The reported total combines lobbying expenses with campaign contributions. The available summary does not break down how much each organization spent, how the money was divided between those activities or where it went.

Gaming America published the report on Oct 8, 2026, at 9:54 PM ET. The full article was unavailable, leaving the specific legislative targets and results of the spending unconfirmed in the supplied material.

What it means for prediction markets

• Geographic reach matters: The reported 41-state effort points to political engagement across multiple jurisdictions, rather than a campaign focused solely on federal policy.
• Spending is not an outcome: The $3 million minimum establishes the scale of the reported activity, but the available material identifies no resulting policy changes.
• Attribution remains limited: Without organization-level figures or named legislative targets, the total cannot establish which participant or policy priority received the most resources.