EPISODE · May 28, 2026 · 6 MIN
Prediction Markets Threaten State Tax Revenue
from The Investing Podcast with Fexingo: Stocks, Bonds, and Building a Long-Term Portfolio · host Fexingo
Lucas and Luna break down the CFTC's lawsuit against Rhode Island over prediction market regulation and the gaming association's claim that states have lost $1 billion in tax revenue. They explore how platforms like Polymarket are drawing billions in volume, why state regulators are fighting back, and what this means for investors watching the regulatory landscape. With the S&P 500 at 7,565 and the Russell 2000 surging 3.4% in five days, the hosts connect the dots between market momentum and the growing clash over event-based contracts. A fresh angle on finance that hasn't been covered in prior episodes. #PredictionMarkets #Polymarket #CFTC #RhodeIsland #TaxRevenue #Regulation #Investing #Finance #BusinessNews #FexingoBusiness #BusinessPodcast #InvestingPodcast #GamingAssociation #InsiderTrading #Google #MarketData #Russell2000 #S&P500 Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
Lucas and Luna break down the CFTC's lawsuit against Rhode Island over prediction market regulation and the gaming association's claim that states have lost $1 billion in tax revenue. They explore how platforms like Polymarket are drawing billions in volume, why state regulators are fighting back, and what this means for investors watching the regulatory landscape. With the S&P 500 at 7,565 and the Russell 2000 surging 3.4% in five days, the hosts connect the dots between market momentum and the growing clash over event-based contracts. A fresh angle on finance that hasn't been covered in prior episodes. #PredictionMarkets #Polymarket #CFTC #RhodeIsland #TaxRevenue #Regulation #Investing #Finance #BusinessNews #FexingoBusiness #BusinessPodcast #InvestingPodcast #GamingAssociation #InsiderTrading #Google #MarketData #Russell2000 #S&P500 Keep every episode free: buymeacoffee.com/fexingo
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Prediction Markets Threaten State Tax Revenue
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