The CFTC sued the State of Utah and Attorney General Derek Brown, seeking injunctions barring enforcement of state gambling laws against prediction exchanges

Departments, agencies and independent bodies of the United States federal government, covering their leadership, rulemaking, enforcement, budgets and the way they carry federal policy into practice. Where statute becomes regulation, and where most of what government actually does gets done.

Elections, institutions, legislation and disputes inside American states, covering governors, legislatures, attorneys general and ballot measures. States set most election rules and much of criminal, education and health policy, which makes them the level where federal deadlock is routinely bypassed.

A Reuters/Ipsos survey released October 12, 2026, found bipartisan opposition to using prediction markets, including Kalshi and Polymarket, to wager on United States election results. Federal and state regulators remain divided over whether these contracts are financial products or gambling.