A recent poll commissioned by the Prediction Market Coalition reveals that a majority of U.S. voters prefer a unified federal regulatory framework for prediction markets over state-by-state regulation. The poll shows 48% of Republican and 45% of Democratic voters support federal oversight, while 27% and 35% respectively favor state-level rules. Only 8% believe prediction markets should be illegal, with many advocating for consumer choice in participation.
The poll results come amid legal disputes involving the Commodity Futures Trading Commission (CFTC) and platforms like Kalshi and Polymarket against individual states. The CFTC claims federal jurisdiction, while states argue that prediction markets violate local gambling laws. Recent legal actions include Kalshi's lawsuit against Illinois and the CFTC's lawsuit against Kentucky. Sports law attorney Daniel Wallach criticized the polls for not addressing the core issue of sports betting disguised as trading.
US Voters Favor Federal Regulation for Prediction Markets
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