Prediction Markets Face Critical Showdown as Federal Regulation Looms Over 11-State Legal Assault
A sweeping legal confrontation is unfolding across the United States, pitting state authorities against emerging prediction market platforms and setting the stage for a decisive federal regulatory response. As of March 2026, officials in eleven states have initiated various legal proceedings against companies like Kalshi and Polymarket, alleging they operate illegal gambling operations. This patchwork […]
