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44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering

Tuesday, July 28, 2026


Forty-four state attorneys general signed a letter submitted during a federal comment period on proposed rules regulating prediction markets, according to the National Association of Attorneys General. The letter addressed the Commodity Futures Trading Commission's draft regulations on prediction markets. The states' position focused on sports wagering regulations and state authority over gambling matters. The comment period was part of the CFTC's rulemaking process for prediction market oversight.

Original reporting: https://www.cnbc.com/2026/07/28/44-states-say-cftc-has-no-authority-over-sports-prediction-markets.html

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