States regulating polymarkets

Has there been a day this week without polymarkets top and center in news? Probably not. States are fighting the feds and companies trying to regulate it. A poly market is not paying out over the bombing of Iran.

Regulators are paying attention to this $13 Billion a month revenue machine. Let’s not forget when we talked about the Commodity Futures Trading Commission saying it has exclusive regulatory jurisdiction over polymarkets (prediction markets).

Stateline | Kalshi and Polymarket are skirting laws on sports betting, states say