Coalition for Political Forecasting polls found 48% of Republicans and 45% of Democrats prefer a unified federal framework, while smaller shares favored state regulation amid court fights involving the CFTC, Kalshi and Polymarket.
U.S. voters in both major parties showed more support for a unified federal framework for prediction markets than for state-by-state oversight, according to polls commissioned by the Coalition for Political Forecasting. The surveys found 48% of Republican voters and 45% of Democratic voters prefer federal regulation, versus 27% and 35%, respectively, who favor state regulation. The debate is unfolding as the CFTC, Kalshi and Polymarket are clashing with states over jurisdiction, including Kalshi's lawsuit against Illinois and the CFTC's suit against Kentucky filed on Tuesday, highlighting a broader battle over who should supervise event-based trading markets.