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

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

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