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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 48 min ago1 min readBusinessGlobal
Prediction Markets and States Clashed, Setting Off a Furious Political Battle

GlobalDavid Yaffe-Bellany and Sharon LaFraniere

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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