CFTC sues Rhode Island over actions against prediction markets

Feds jump in after battle over prediction market regulation hits Rhode Island

A laptop displays Kalshi’s homepage featuring prediction odds on the winner of the men’s French Open. (Photo by Christopher Shea/Rhode Island Current) Add the federal agency overseeing prediction markets to the list of antagonists seeking to supersede the state of Rhode Island’s authority to regulate online platforms that allow wagering on everything from politics to sports. The Commodity Futures Trading Commission (CFTC) on Thursday moved to in…

STOCK MARKET: CFTC sues Rhode Island over actions against prediction markets

Screens displaying the logo and homepage of prediction market platform Polymarket in Saint-Mande, east of Paris, April 29, 2026. Martin Lelievre | Afp | Getty Images The Commodity Futures Trading Commission announced on Thursday that it was suing Rhode Island, one week after the state took action against two prediction market platforms.  It marks the seventh state the CFTC has sued in a dispute over who has the authority to regulate prediction m…

CFTC sues Rhode Island over actions against prediction markets

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

CFTC Sues Rhode Island to Block Prediction Market Lawsuits

CFTC sues Rhode Island to

CFTC Sues Rhode Island as State Rules Threaten Prediction Markets

The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally regulated event-contract platforms. The dispute centers on civil penalties, federal preemption claims, and several state challenges. CFTC Moves Against Rhode Island Over Prediction Markets Dispute The Commodity Futures […]

Feds jump in after battle over prediction market regulation hits Rhode Island - Hillsboro Sentry Enterprise

A laptop displays Kalshi’s homepage featuring prediction odds on the winner of the men’s French Open. (Photo by Christopher Shea/Rhode Island Current) Add the federal agency overseeing prediction markets to the list of antagonists seeking to supersede the state of Rhode Island’s authority to regulate online platforms that allow wagering on everything from politics to sports. The Commodity Futures Trading Commission (CFTC) on Thursday moved to in…