Legal Battle Erupts Over Regulation of Prediction Markets

Disputes involving Kalshi, Polymarket, and similar platforms have triggered a nationwide conflict between state attorneys general, the Trump administration, and the president's family.

27 Aug, 09:02 — 27 Aug, 09:02

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NYTMostly Factual4d ago

Prediction Markets and States Clashed, Setting Off a Furious Political Battle

A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.

By David Yaffe-Bellany and Sharon LaFraniere

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Legal Battle Erupts Over Regulation of Prediction Markets

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Prediction Markets and States Clashed, Setting Off a Furious Political Battle

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