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US states and CFTC contest authority over prediction markets

Regulation

A state-by-state legal tracker describes disputes between US gambling regulators and prediction-market operators over whether federal oversight pre-empts state gambling rules. It says the Commodity Futures Trading Commission has sued multiple states and that New Jersey petitioned the US Supreme Court in September 2026; the court’s next step is not stated.

The disputes concern whether state gambling rules apply to prediction-market event contracts, affecting operators’ market access.

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Regulation

DraftKings will not offer prediction markets in sports-betting states, CEO says

DraftKings chief executive Jason Robins said the company will not offer prediction markets in states where it holds sports-betting licences. Robins told the Next Predict Summit in New York that the approach protects its gaming licences and leaves it well placed whatever courts decide on sports event contracts.

DraftKings will not offer prediction markets in states where it holds sports-betting licences, chief executive Jason Robins said at the Next Predict Summit in New York. Robins said the approach protects the company's gaming licences and leaves it positioned for either outcome in litigation over sports event contracts.

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