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Courts split on CFTC preemption for prediction markets as states prevail in Nevada, Maryland and Ohio and Kalshi wins relief in Tennessee, JD Supra reports
- Courts split on CFTC preemption for prediction markets as states prevail in Nevada, Maryland and Ohio and Kalshi wins relief in Tennessee, JD Supra reports — The analysis notes that federal courts have recognized strong preemption arguments for CFTC-regulated platforms while other courts have sided with state gaming regulators. It says the CFTC sued Arizona, Connecticut and Illinois in April 2026 and that Polymarket US and Aristotle Exchange have since obtained designated contract market status alongside Kalshi. (JD Supra)
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