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    1. Home
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    4. Federal vs State Calendar

    Federal vs State Prediction Market Calendar

    What’s happening, when, and what it could change for you. Federal actions, state actions, and court cases side by side on one timeline.

    Tracker
    Last updated 2026-04-23
    23 rows, each primary-sourced

    What this page is

    This page lists every regulatory, legislative, and litigation deadline in the US prediction market space for the next 90 days. Federal actions, state actions, and court cases on one timeline, with a direct link to the primary source for each row.

    Every row is a date + event + primary-source URL. Rows are added when a primary source first publishes the date. Rows are moved between lanes (next 14 days → past) on each publishing cycle. The page is re-rendered from this JSON on every build.

    Next 14 Days

    Priority lane — the federal + state stack closing in the same window.

    4 rows
    FederalApril 21, 2026 · Tuesday

    Kevin Warsh Senate Banking Committee confirmation hearing

    What happens: Warsh testifies publicly before the Senate Banking Committee on his nomination as Fed Chair. His disclosed Polymarket stake is likely to be raised on the record given AP’s pre-hearing coverage.

    What it could change: Nothing rules-wise today — it’s a hearing, not a vote. But the record is set for any future Fed-chair conflict-of-interest framing about prediction-market holdings.

    Primary sourcePending verificationRead the explainer
    PlatformApril 22, 2026 · Wednesday

    Polymarket V2 cutover (~11:00 UTC)

    What happens: CTF Exchange V2 + pUSD collateral cutover. ~1 hour downtime window. Open limit orders wiped; positions and balances preserved.

    What it could change: Nothing rules-wise. Platform-infra only. Listed here because it affects trader workflow in the same 10-day window as the federal + state regulatory stack.

    Primary sourcePending verificationRead the explainer
    StateApril 29, 2026 · Wednesday

    NCSL Town Hall: Prediction Markets (1 PM ET)

    What happens: Live virtual town hall hosted by the National Conference of State Legislatures. Moderated by state legislators Rep. Michael Meredith (KY, co-sponsor of HB 904) and Sen. David Blount (MS). Framing question per NCSL: whether putting money on the outcome of an event is a financial transaction or a form of wagering.

    What it could change: Nothing directly — NCSL is a trade association for state legislators, not a regulator. It matters because it is the state-legislator class coordinating a shared policy frame one business day before the federal comment deadline closes.

    Primary sourcePending verification
    FederalApril 30, 2026 · Thursday

    CFTC ANPRM public comment period closes (RIN 3038-AF65)

    What happens: The 45-day public comment window on the CFTC’s Advance Notice of Proposed Rulemaking for event contracts closes end-of-day. After this, CFTC staff review comments and eventually issue a Notice of Proposed Rulemaking (timing: months, not weeks).

    What it could change: This is the input phase for rewriting how event contracts are regulated. Any US person can file a comment; comments are part of the public record and influence the shape of any follow-on rule.

    Primary sourcePending verificationRead the explainer

    Key stack: one business day separates Apr 29 ↔ Apr 30.

    The NCSL state-legislator town hall (Wed Apr 29) runs one business day before the CFTC’s federal ANPRM comment-period close (Thu Apr 30). We list both rows on the same lane so the stack is visible. We do not assert coordination beyond the dates themselves.

    15–30 Days

    Mid-horizon — state statutory clocks, early earnings, next TRO windows.

    2 rows
    IndustryMay 7, 2026 · Thursday (approx)

    DraftKings Q1 earnings call (expected)

    What happens: Typical Q1 reporting window for DraftKings. Prediction-market positioning and any CFTC-facing comments from management tend to surface on the call.

    What it could change: Nothing rules-wise. Included as a signal of how the large sportsbook operators are publicly framing prediction markets in the same month as the ANPRM.

    Primary sourcePending verification
    LitigationMay 15, 2026 · Thursday (approx)

    Arizona TRO status update (expected)

    What happens: Next scheduled status window for the Arizona Department of Gaming temporary restraining order proceeding against Kalshi/Robinhood. Dates subject to docket updates.

    What it could change: If the TRO is extended or converted to a preliminary injunction, Arizona access for Kalshi-powered event contracts could change materially. If dissolved, existing access continues.

    Primary sourcePending verificationRead the explainer

    31–90 Days

    Longer horizon — amicus windows, circuit arguments, status hearings.

    5 rows
    StateJuly 15, 2026 · Wednesday (approximate)

    Kentucky HB 904 effective date (90-day clock, approximate)

    What happens: HB 904 was enacted on April 14, 2026 via legislative override of Gov. Beshear’s April 13, 2026 veto (House 67-7, Senate 26-5). Under Kentucky’s standard non-emergency effective-date rule, non-emergency bills take effect on the first day after the expiration of 90 days from the final day of the legislative session. Exact date pending primary-source verification against the final legislative-session adjournment record and bill text.

    What it could change: When this effective date hits, Kentucky is the first enacted state statute specifically reaching the sportsbook ↔ prediction-market crossover question in the US. Triggers any geofence work by platforms covered by the statute.

    Primary sourcePending verificationRead the explainer
    LitigationMay 20, 2026 · Tuesday (approx window)

    New Jersey 3rd Circuit en banc rehearing window

    What happens: Outer edge of the standard 45-day en banc rehearing petition window following the Third Circuit’s April 6, 2026 panel ruling for Kalshi. If New Jersey files, the timeline extends; if not, the panel ruling stands absent a Supreme Court petition.

    What it could change: A granted rehearing would reopen the CEA preemption question for the Third Circuit. A denial (or no filing) locks in the panel result.

    Primary sourcePending verificationRead the explainer
    LitigationJune 10, 2026 · Wednesday (approx)

    Nevada 9th Circuit oral argument window

    What happens: Expected oral-argument window in the Nevada Gaming Control Board case on appeal to the Ninth Circuit, following the March 2026 remand to state court. Exact date set by court scheduling order.

    What it could change: A Ninth Circuit reversal on remand could re-federalize the CEA-preemption question for western states; affirmance would leave the dispute in state court.

    Primary sourcePending verificationRead the explainer
    LitigationJune 30, 2026 · Tuesday (approx)

    Maryland / Kalshi amicus window (approximate)

    What happens: Expected amicus-brief deadline window in the Maryland case challenging Kalshi’s sports event contracts. Amicus schedule follows the court’s briefing order and is subject to change.

    What it could change: Amicus filings by CFTC, sportsbook operators, state AGs, or industry trade groups on either side can reshape the record without changing the named parties.

    Primary sourcePending verificationRead the explainer
    LitigationJuly 10, 2026 · Friday (approx)

    CFTC v. state cases (AZ / CT / IL) status hearings

    What happens: Rolling window for status hearings across the CFTC-involved state cases in Arizona, Connecticut, and Illinois. Federal dockets typically schedule status conferences every 60–90 days once active.

    What it could change: Status hearings can produce scheduling orders, briefing dates, or rulings on pending motions that move the underlying litigation calendar forward.

    Primary sourcePending verificationRead the explainer

    Federal Lane — Recent

    Full federal tracker →
    April 6, 2026
    Third Circuit rules for Kalshi on CEA preemption
    Panel ruling (2–1) holds the CFTC has exclusive jurisdiction over DCM event-contract trades; New Jersey injunction against Kalshi falls.
    Primary sourceFull tracker
    March 11, 2026
    DEATH BETS Act formally introduced
    Sen. Schiff and Rep. Levin introduce legislation to prohibit CFTC-registered entities from listing contracts tied to terrorism, assassination, war, or individual death.
    Primary sourceFull tracker
    March 10, 2026
    CFTC Chair Selig outlines rulemaking agenda
    CFTC Chair publicly outlines formal rulemaking plan for event contracts and DeFi — signals the agency intends to set the rules rather than wait for the courts.
    Primary sourceFull tracker
    March 5, 2026
    Merkley–Klobuchar officials-trading ban introduced
    End Prediction Market Corruption Act introduced by Sens. Merkley and Klobuchar, banning the president, vice president, and members of Congress from trading event contracts.
    Primary sourceFull tracker
    March 4, 2026
    Clarity Act advances in Congress
    Bill to codify CFTC authority over prediction markets and preempt state gambling laws advances; Polymarket pricing reflects active probability of passage in 2026.
    Primary sourceFull tracker
    February 1, 2026
    CFTC files federal preemption amicus brief
    CFTC Chair files amicus brief asserting exclusive federal jurisdiction over event contracts, directly contesting state-level suits.
    Primary sourceFull tracker

    Summary snapshot of the 6 most-recent federal rows. Full docket (with every filed party and next-date) lives on the federal tracker page.

    State Lane — Recent

    Full state tracker →
    April 14, 2026
    Kentucky HB 904 enacted (veto override)
    Kentucky legislature overrides governor’s veto to enact HB 904, the first state statute specifically addressing the sportsbook ↔ prediction-market crossover.
    Primary sourceFull tracker
    April 6, 2026
    New Jersey — Third Circuit ruling for Kalshi
    Federal appellate ruling preserves Kalshi access for NJ users under CFTC preemption; state may seek en banc rehearing or Supreme Court review.
    Primary sourceFull tracker
    April 1, 2026
    Washington — Robinhood sues WA Attorney General
    Robinhood files CEA-preemption suit against Washington AG; access to Kalshi-powered event contracts remains restricted for WA residents during litigation.
    Primary sourceFull tracker
    March 27, 2026
    Washington AG sues Kalshi
    Washington AG filed action targeting Kalshi sports event contracts; predicate for the Robinhood CEA-preemption suit filed days later.
    Primary sourceFull tracker
    March 1, 2026
    Nevada court remands Kalshi case to state court
    Nevada district court denies CFTC-preemption argument and remands; Kalshi pursues appeal to the Ninth Circuit.
    Primary sourceFull tracker
    January 1, 2026
    New Jersey DGE sues Kalshi
    New Jersey Division of Gaming Enforcement files state-law challenge to Kalshi sports event contracts; later reversed at the Third Circuit panel.
    Primary sourceFull tracker

    Summary snapshot of the 6 most-recent state rows. Full tracker with per-state user-impact lives on the state tracker page.

    How to participate

    File a CFTC comment

    Step-by-step walkthrough on filing an ANPRM comment on regulations.gov before the Apr 30 close.

    Open the walkthrough

    Watch the NCSL town hall

    NCSL hosts the virtual town hall at 1 PM ET on Wed Apr 29 and typically posts a recording afterward.

    Open NCSL page

    Track your state

    Per-state breakdown of what enforcement, litigation, or legislation means for your access as a user.

    Open state tracker

    Frequently asked questions

    Editorial restraint

    What this tracker will not do:

    • No prediction of what the CFTC will rule post-ANPRM. The ANPRM is a question, not a rule.
    • No characterization of NCSL or any named legislator as 'anti-PM' or 'pro-PM'. Describe positions only via direct primary-source quotes.
    • No same-day rewording of NCSL town-hall content after it airs — transcript or video goes in a separate explainer page within 48 hours.
    • No estimate of how many comments the ANPRM will receive.
    • No speculation on whether Polymarket moved the V2 cutover to avoid the regulatory window — the primary source gives no reason.
    • Any row without a primary source is removed from the JSON, not marked 'pending' in the UI.
    • If two primary sources disagree on a date, both are listed and the discrepancy is cited — never a silent pick.
    • No affiliate links, referral codes, or sponsorship copy anywhere on this page.

    Sources & cadence

    Update cadence: Refreshed on every publishing cycle and immediately on any court docket or primary-source update.

    Approved primary sources

    • https://www.cftc.gov/*
    • https://www.regulations.gov/*
    • https://www.federalregister.gov/*
    • https://www.ncsl.org/*
    • https://apps.legislature.ky.gov/*
    • https://www.supremecourt.gov/*
    • https://www.ca3.uscourts.gov/*
    • https://www.ca9.uscourts.gov/*
    • https://www.banking.senate.gov/*
    • https://docs.polymarket.com/*

    Not cited (secondary / affiliate)

    • defirate.com
    • covers.com
    • rotogrinders.com
    • sportshandle.com
    • actionnetwork.com
    • oddschecker.com
    • managebankroll.com
    • benzinga.com
    • coindesk.com
    • cointelegraph.com
    • theblock.co
    • decrypt.co
    • frontofficesports.com
    • wikipedia.org
    • reddit.com
    • medium.com

    Related reading

    How to submit a CFTC comment
    Walkthrough for filing on regulations.gov before Apr 30.
    CFTC public comment explainer
    What the ANPRM actually asks, and why it matters.
    Kentucky HB 904
    First enacted state law on the sportsbook ↔ PM crossover.
    Warsh Polymarket disclosure
    What the Senate Banking hearing could surface on the record.
    Polymarket V2 cutover (Apr 22)
    What changes on-chain on cutover day, and what does not.
    Federal regulatory tracker
    Full federal-lane docket, not a snapshot.