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Prediction Markets in 2026 Prediction markets are platforms where participants trade contracts tied to “binary outcomes” of real-world events... think elections, economic indicators, corporate events like major layoffs and sports and pop culture events. Participants purchase “yes” or “no” shares, priced by probability (i.e. a 72-cent share for a 72% market-implied probability of the event occurring), which pay out for accurate predictions. Share prices shift constantly to ref

The CFTC is suing states to assert federal control over prediction markets. Here's how the legal battle is unfolding across the country.

Prediction market regulation varies widely by state. While most states have no active restrictions, others are pushing forward with legislation targeting minors, licensing requirements, and even criminal penalties. Find out where your state stands.