States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them

Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive.

Source: [MarketWatch](https://www.marketwatch.com/story/states-are-coming-after-prediction-markets-and-setting-up-a-costly-legal-battle-over-who-gets-to-regulate-them-f9ab9a37?mod=mw_rss_topstories)