A new pair of polls commissioned by the Coalition for Prediction Markets found that Republican and Democratic voters alike prefer a single federal framework for regulating prediction markets over a state-by-state approach.
According to a memo shared with The Block on Wednesday by the coalition, a survey of Republican voters conducted by Fabrizio Lee & Associates found that 48% favored a uniform federal framework compared with 27% who preferred each state to regulate prediction markets independently.
A separate poll of voters conducted by Democratic polling firm Global Strategy Group found that 45% of Democrats preferred federal rules versus 35% who backed state oversight.
The Coalition's memo also found that only 8% of voters thought prediction market platforms should be illegal and that majorities on both sides supported the view that consumers should have the choice whether to participate in them.
Younger voters also appeared more receptive, with Global Strategy Group finding that more than half of respondents under 35 had expressed interest in or had already used prediction markets.
