The prediction market industry crossed $44 billion in global volume in 2025 and is running at $37 billion monthly as of January 2026, but the regulatory landscape is not keeping pace and remains fragmented. In the United States, a new CFTC chairman has signaled the most permissive federal stance in history — while 19+ lawsuits, 38 state AGs, three Congressional bills, and now federal prosecutors push in the opposite direction. In Europe, country-by-country bans are accumulating faster than any framework. Globally, no jurisdiction has created a bespoke prediction market regime.

This website maps the actual state of regulation as of March 2026.

 

 

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