Originally published on WeeBet on 2026-05-25. Reposted with canonical link.

The CFTC has spent the past eighteen months reshaping the prediction market industry not through formal rulemaking but through selective enforcement, strategic non-enforcement, and amicus interventions. With

roughly 87% of Kalshi's $39.7 billion traded in the past year coming from sports

and

combined volume across major prediction markets reaching $29.8 billion in April