Cover of Prediction Markets from September 23, 2026

Prediction Markets from September 23, 2026

Prediction Markets from September 23, 2026

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Washington is taking on prediction-market operator Kalshi. State regulators say the event contracts offered on the platform clash with state gambling restrictions, but the company argues it's a federally regulated financial exchange. Federal appeals courts have taken conflicting positions on the issue in different circuits. Washington Attorney General Nick Brown weighs on the legal battles playing out here and across the country.
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