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NetChoice argues prediction markets need one federal rulebook as courts split over CFTC and state authority, NetChoice reports

  • NetChoice argues prediction markets need one federal rulebook as courts split over CFTC and state authority, NetChoice reports — NetChoice argued prediction markets need a single federal rulebook, noting CNN and CNBC now carry Kalshi data and federal courts are divided over whether the markets are financial exchanges overseen by Washington or gambling regulated by states. The piece said the Supreme Court has been asked to decide, and cited Pew Research Center data that monthly volume on the two largest platforms grew more than fivefold between September 2025 and April 2026. (NetChoice)

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