Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to state-level legal actions.

Rhode Island becomes the latest state to join the fight against Kalshi and other prediction markets for offering sports prediction contracts. The lawsuit was fi

Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.

Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.

It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.

Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to…

The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling

The Governor of Minnesota signed into law a measure that starting August 1 makes it a crime to advertise and operate prediction market platforms across the state.

The federal agency argues it holds exclusive jurisdiction over platforms like Kalshi and Polymarket, making Rhode Island the seventh state it has sued

Kalshi has filed a federal lawsuit to block Minnesota's SF4760, a first-in-nation felony ban on prediction markets set to take effect August 1.