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Prediction markets headed for Supreme Court review as federal and state rulings split

  • Prediction markets headed for Supreme Court review as federal and state rulings split — Conflicting appellate and state court rulings on whether Kalshi and Polymarket are CFTC-regulated exchanges or state-licensed gambling operators have pushed the dispute toward Supreme Court review in the October 2026 term. The cases involve about 20 billion dollars in monthly trading volume. (iGaming News)

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