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Prediction markets need one federal rulebook as courts split over state versus CFTC oversight, NetChoice reports

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

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