Regulation

    Where prediction markets stand legally — CFTC oversight, state-level bans and licenses, tax implications, and the ongoing regulatory fights.

    113 guidesUpdated May 2026
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    Polymarket Geographic Restrictions — API/Auth, Geoblock & 403 Checks

    8 min read

    Brazil's CMN Resolução 5.298 — First Foreign-Sovereign PM Ban

    10 min read

    Brazil's Anatel 27-Platform Block (Apr 24, 2026)

    9 min read

    Kentucky HB 904 — First Enacted State Law on Sportsbook-PM Crossover

    8 min read

    PM Industry Valuations & Volume (2026)

    8 min read

    Institutional-Data Distribution Map

    7 min read

    Prediction Markets × Perpetuals Launch Map — Kalshi Timeless vs Polymarket Perps

    7 min read

    When Prediction Markets Are Banned — Where Do Users Turn?

    5 min read

    Is Polymarket Regulated?

    7 min read

    Ohio $5M Fine: Can I still use Kalshi?

    6 min read

    Warsh Fed Chair: Polymarket Stake Explained

    8 min read

    Kalshi Controversy

    10 min read

    Polymarket Legal Status

    8 min read

    Nevada Injunction Impact

    7 min read

    Nevada Prediction Markets: Injunction, Contempt & What's Next

    6 min read

    State Regulations Guide

    10 min read

    Legal in California?

    7 min read

    CFTC Enforcement History

    14 min read

    Prediction Market Ban Bills

    11 min read

    Why People Want to Ban Prediction Markets

    9 min read

    Can Government Officials Trade?

    8 min read

    Can Finance Professionals Trade?

    6 min read

    Will Election PMs Be Banned?

    10 min read

    CFTC Sues States

    9 min read

    Federal vs State Legal Status

    10 min read

    Taxes & Unrealized Gain Traps

    8 min read

    Prediction Market Tax Guide

    10 min read

    Illinois Prediction Markets — Legal Status

    5 min read

    Michigan Prediction Markets: Access & Legal Status 2026

    4 min read

    Ohio Prediction Markets — Legal Status & What Traders Need to Know

    5 min read

    Minnesota Prediction Markets: Legal Status & August 1 Deadline

    4 min read

    North Carolina Prediction Markets

    5 min read

    Kentucky Prediction Markets: Legal Status & How to Get Started

    5 min read

    Prediction Markets in New York — 2026 Court Ruling

    5 min read

    Polymarket CFTC Investigation (June 2026)

    10 min read

    SCOTUS and Prediction Market Preemption — What the Circuit Split Means

    7 min read

    Congressional Oversight of Prediction Markets

    5 min read

    CLARITY Act: What It Means for Prediction Market Traders

    7 min read

    CLARITY Act: What Passage or Failure Means for Your Trades

    6 min read

    Are Prediction Markets Legal in Texas?

    5 min read

    House Agriculture Hearing (Jul 21, 2026): Sports Prediction Markets & Customer Protections

    6 min read

    Why Tribal Gaming Opposes Prediction Markets

    7 min read

    How to Comment on the CFTC Prediction Markets NPRM (Deadline: July 27)

    6 min read

    CFTC vs. Michigan: The Prediction Market Dual-Authority Standoff (2026)

    8 min read

    British Columbia Prediction Markets: Legal Status & Platform Access

    4 min read

    Prediction Markets in Ireland: GRAI Enforcement & Platform Access (2026)

    6 min read

    Sixth Circuit Oral Argument: July 30, 2026

    5 min read

    9th Circuit Prediction Markets Ruling: What It Means for Traders

    5 min read

    What the 9th Circuit Election Contract Remand Means for Traders

    6 min read

    Wisconsin Prediction Markets: Could Trading Cost You Your Vote?

    5 min read

    What the Kalshi-Nevada Settlement Means for Users

    4 min read

    After the CFTC Comment Deadline: What Happens Next for Prediction Markets

    5 min read

    CFTC Rules on Affiliated Market Makers, Explained

    5 min read

    CFTC Rule 40.11: The Three-Step Framework for Prediction Market Contracts

    6 min read

    Why Are Some Prediction Market Contracts Banned?

    8 min read

    What the Minnesota Federal Injunction Actually Means

    5 min read

    44 State AGs vs. CFTC: The Constitutional Challenge to Prediction Market Authority

    6 min read

    After the CFTC Comment Deadline: What Happens Next for Prediction Markets

    5 min read

    Can Tribal Sovereignty Block CFTC Prediction Market Rules?

    6 min read

    Connecticut Prediction Markets — Court Orders, Platform Access & What's Next (2026)

    4 min read

    Connecticut CFTC Ruling: What Kalshi Users Need to Know

    4 min read

    Washington's Kalshi Catalog Split: What You Can and Can't Trade

    4 min read

    Washington Kalshi Geofence Enforcement: What Happens to Your Account (Aug 19 & Sept 2)

    5 min read

    Washington State Prediction Markets — Preliminary Injunction & Platform Access

    6 min read

    New Jersey Prediction Markets — Third Circuit Win, SCOTUS Cert Deadline & Platform Access

    7 min read

    Wisconsin: CFTC Loses on the 'Swaps' Question — What It Means for Prediction Market Traders

    7 min read

    Wire Act & Prediction Markets: The Federal § 1084 Count Against Kalshi Explained

    6 min read

    New York AG Sues Kalshi: What It Means for Your Account

    5 min read

    How Much Legal Risk Does Kalshi Actually Face in 2026?

    8 min read

    Senators vs. Wildfire Prediction Markets: What the CFTC Letter Means

    4 min read

    Utah Court Rules Against Kalshi: What It Means for Prediction Market Access

    5 min read

    Utah Final Federal Judgment Against Kalshi: What Traders Need to Know

    5 min read

    CLARITY Act: Three Paths Forward After Senate Recess

    5 min read

    Wildfire Prediction Markets: What the CFTC Must Decide by August 14

    5 min read

    Why Three Prediction Market Companies Are Suing New York

    6 min read

    What the CFTC's Silence on Wildfire Contracts Means

    5 min read

    FlightAware Sues Kalshi: What the Data-Rights Lawsuit Means for Traders

    5 min read

    What Is a Mention Market? The CFTC Probe, Sports-Betting Suspension & What Traders Need to Know

    4 min read

    What the White House Roundtable Attendee List Reveals

    4 min read

    What August 19 Means for Prediction Market Traders

    3 min read

    What the CFTC Advisory Committee Actually Said About Prediction Markets

    4 min read

    CFTC Prediction Market Regulatory Roadmap: What the 3-Step Framework Means for Traders

    4 min read

    Kalshi State Restrictions Tracker

    4 min read

    Speaker Johnson Called Prediction Markets Fake News — What It Means

    4 min read

    Why Prediction Markets Were Excluded From the White House Crypto Roundtable

    3 min read

    When Will the Supreme Court Rule on Prediction Markets?

    4 min read

    Why Kalshi Paying State Taxes May Complicate Its Court Cases

    5 min read

    What Baltimore's Prediction Market Lawsuit Means for Traders

    5 min read

    American Odds Display Ban: What Changes on Aug 31

    3 min read

    Montana & Prediction Markets: What the Federal Ruling Means

    4 min read

    Connecticut Sues Kalshi: Underage & College Sports Allegations Explained

    4 min read

    The Push to Unlock California

    4 min read

    Will the Supreme Court Hear the Prediction Markets Case?

    5 min read

    What Michigan's Kalshi Court Order Means for Traders

    4 min read

    Montana & Prediction Markets: What the Federal Ruling Means

    4 min read

    Why the Gaming Industry Opposes Prediction Markets

    5 min read

    Washington Geofence Reconsideration — What the Ruling Means for Traders

    4 min read

    What Monday's NY Federal Hearing Means for Prediction Market Traders

    4 min read

    CFTC Tribal Roundtable: What the September 14 Consultation Means for the CLARITY Vote

    4 min read

    Connecticut's Nine-Platform C&D Sweep: What Traders Need to Know

    5 min read

    Why Kalshi Filed En Banc While Robinhood Filed at the Supreme Court

    5 min read

    What the Appellate Circuit Split Means for Prediction Market Traders

    6 min read

    UK FCA Prediction Markets Ban Easing — What Traders Need to Know

    4 min read

    What the SDNY CFTC Ruling Will Mean for New York Prediction Market Users

    5 min read

    CFTC Is Arguing Against Its Own Court: The Three-Layer Legal Conflict Explained

    5 min read
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