A roundup published on 1 April 2026 covers regulatory developments in Iowa, Maine, Tennessee and elsewhere in the US. Its preview mentions continued pushback against prediction markets and sweepstakes but gives no specific actions or decision-makers.
The item identifies regulatory themes but provides no details operators can act on.
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The New York State Gaming Commission launched its “Avoid Risky Bets” campaign warning residents about offshore gambling sites, prediction markets and sweepstakes-style casinos, which it says are illegal in the state. The commission said these platforms can lack consumer safeguards and urged residents to report suspected illegal gambling to state authorities.
The Minnesota Senate approved two bills on 30 April that would criminalise operating or supporting online sweepstakes casinos and specified prediction markets in the state. The measures include restrictions on service providers and platform advertising, with criminal provisions due to take effect on 1 August 2026; both bills now go to the House.
Stock-linked contracts offered by Polymarket and Kalshi face scrutiny over whether the CFTC or SEC should oversee them, citing Reuters coverage carried by Moneycontrol on 28 September. Legal and policy experts warned that growth in these markets could affect underlying share trading and complicate enforcement against misconduct.
A Reuters report carried by Moneycontrol on Sept. 28 says stock-linked prediction markets run by Polymarket and Kalshi are attracting fresh attention, and it leaves open whether the CFTC or the SEC ought to serve as their main supervisor. Such contracts allow bets on share price movements, company figures and corporate events. According to legal and policy specialists who spoke to Reuters, if the sector keeps expanding it may in time influence how the underlying shares trade and make it harder for regulators to detect and pursue wrongdoing.
The CFTC has outlined a roadmap for US prediction market regulation. Chairman Michael Selig called for clearer rules governing event contracts.
Reportedly, House Bill 2711 was introduced in Pennsylvania on 22 July by Representative Tarik Khan. The measure, backed by more than 20 co-sponsors, would regulate prediction markets instead of prohibiting them.