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Prediction markets headed toward Supreme Court review in October 2026 term as federal and state courts split, iGaming News reports
- Prediction markets headed toward Supreme Court review in October 2026 term as federal and state courts split, iGaming News reports — iGaming News reported that circuit splits between federal and state courts over whether Kalshi and Polymarket are CFTC-regulated derivatives exchanges or state-licensed gambling operators are pushing prediction markets toward Supreme Court review in the October 2026 term. The report said the dispute leaves the law governing about 20 billion dollars in monthly trading volume undefined, with Arizona, Nevada, Massachusetts and New Jersey asserting state gaming authority. (iGaming News)
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