‘Scum’: Trump attacks US states’ efforts to regulate prediction markets (opens in new tab)

President says federal government must retain regulatory authority as concerns grow over ‘addictive’ platformsDonald Trump wrote in a social media post on Tuesday it was “critically important” that the federal government retain control over the multibillion-dollar prediction market industry, as he cast a critical eye on state attempts to impose new restrictions.The Commodity Futures Trading Commission (CFTC) should retain “exclusive authority” over prediction markets, .