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Prediction markets headed to Supreme Court after circuit split over state and federal regulation, iGaming News reports

  • Prediction markets headed to Supreme Court after circuit split over state and federal regulation, iGaming News reports — iGaming News reported prediction markets are headed for Supreme Court review in the October 2026 term after federal and state courts split over whether Kalshi and Polymarket are CFTC-regulated derivatives exchanges or state-licensed gambling operators, leaving the law governing 20 billion dollars in monthly trading volume undefined. (iGaming News)

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