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Prediction Markets and States Clashed, SettingOff a Furious Political Battle

A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.

Read full story on The New York Times →

David Yaffe-Bellany and Sharon LaFraniere27 Aug 2026, 09:02 amUpdated 22 min ago1 min readBusinessGlobal

Global — David Yaffe-Bellany and Sharon LaFraniere

Prediction Markets and States Clashed, Setting Off a Furious Political Battle

A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.

This report is published with credit to The New York Times. The wire sent a summary; open the original for any extra context. Read on The New York Times →

Source: The New York Times · David Yaffe-Bellany and Sharon LaFraniere. Published 27 Aug 2026, 09:02 am.

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