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Prediction markets headed for Supreme Court review in October 2026 term over federal versus state regulation
- Prediction markets headed for Supreme Court review in October 2026 term over federal versus state regulation — iGaming News reports circuit splits between federal and state courts over whether Kalshi and Polymarket are CFTC-regulated derivatives exchanges or state-licensed gambling operators have pushed the dispute toward Supreme Court review. The report notes Kalshi has held designated contract market status since November 2020 and Polymarket obtained it in November 2025, while states including Arizona, Nevada, Massachusetts and New Jersey assert state gaming authority. (iGaming News)
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