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usethebitcoin.comStates and the federal government are disputing regulatory authority over prediction markets. Companies including Flutter Entertainment, DraftKings, Kalshi, Polymarket, and Robinhood have stated they will continue expanding their platforms.
Substrate placeholder — needs reviewPrediction markets, platforms where users bet on event outcomes, have grown rapidly and now attract millions of participants. Legal challenges center on whether states or the federal government, through the Commodity Futures Trading Commission, should regulate these markets, part…