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These states are fighting prediction markets. The Trump admin is furious
The Commodity Futures Trading Commission is suing multiple states for trying to rein in Polymarket and Kalshi
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cnbc.com
Prediction markets are fueling a high-stakes brawl between states and federal regulators
Sixteen states are in legal proceedings against prediction market platforms, while one state has moved to ban them.
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theblock.co
Kalshi, Polymarket lose bids to halt Nevada and Washington gambling cases
The Ninth Circuit said federal derivatives oversight does not shield prediction market firms from state gaming enforcement.
