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CFTC Sues Rhode Island as State Rules Threaten Prediction Markets

By Kevin Helms | 2026-05-29 02:30:45 | 3 months ago

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The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally regulated event-contract platforms.

The dispute centers on civil penalties, federal preemption claims, and several state challenges.

CFTC Moves Against Rhode Island Over Prediction Markets Dispute The Commodity Futures

keywords : Legal|CFTC|Prediction markets|Rhode Island RI

sentiment : NEUTRAL

category data : COMMODITY | MARKET | REGULATION | TRADING