US state officials consider restrictions on election prediction markets
By SectorWire desk ·
Summary
US state officials are examining whether gambling laws allow them to regulate or prohibit election prediction contracts, citing The Washington Times. Officials have raised concerns about election confidence and integrity as trading increases ahead of the 2026 elections. The report names Kalshi and Polymarket as platforms offering political outcome contracts.
Why it matters
State officials are examining gambling laws as grounds to regulate or prohibit operators’ election prediction contracts.