
Irvine, California-based Axis Research released new polling data on Monday morning showing that prediction markets will be welcomed with open arms by the American public.
The company tabulated responses from 1,219 voters nationwide from Sept.18-23, showing that 9 out of 10 American voters want to have access to prediction markets in their current form and regulatory structure. They are also hesitant of efforts by state gaming commissions to limit their access.
Prediction markets are regulated under federal jurisdiction by the Commodities Futures Trading Commission (CFTC), and 79% of the voters believe that’s where regulation should stay rather than state gaming commissions (21%).

Photographer: Gabby Jones/Bloomberg via Getty Images
* Of the voters surveyed, 89% agree with the statement that was put forth > “Even if I don’t participate in these types of markets, I believe all Americans should have access and the option to decide for themselves.”
* Of those surveyed, 70% believe they should be able to invest in specific outcomes, such as the outcome of an election or agricultural futures and 89% view the purchase of stocks, mutual funds, and commodities markets participation as a “financial investment,” rather than as “gambling.”
* Bipartisan support for the industry: 75% of Republicans and 71% of Democrats.
* 80% of those surveyed agree that “Buying a stock or investing in the future price of wheat is not gambling and should not be regulated by a state gaming commission” and 82% agree that “having trades managed by 50 different state agencies" would be a quagmire of regulations that would burden consumers and disadvantage middle- and lower-income households.
* 83% believe “the lack of uniformity among state regulations will cause confusion for both the users and operators,” while 83% agree that “state-by-state regulatory approaches lead to inefficient enforcement and monitoring, creating some states with unenforced rules and oversight that may lead to corruption.”
“Americans want access to prediction markets reliably regulated by financial experts in the federal government, not 50 different ill-equipped state gaming commissions,” said Sara Slane, Kalshi’s Head of Corporate Development, in a news release. “American voters want the freedom to choose how to invest their own money without state-level bureaucrats interfering. The current federal regulatory structure is best equipped to oversee this financial activity, not an unpredictable state regulatory patchwork. Kalshi supports this vision — every American, no matter where they live, should be able to make financial decisions for themselves without state casino regulators getting in the way.”
One thing is for certain; prediction markets will be available to the American public in some form or fashion, no matter who regulates.
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