Connecticut state regulators have driven three prediction-market platforms — ProphetX, Gemini Space Station, and Webull — to exit the state. Robinhood, Coinbase, and Polymarket remain active there for now. The exits signal that state-level enforcement is becoming a material barrier to prediction-market expansion, even as federal CFTC oversight draws most industry attention.

State-level pressure is creating a patchwork compliance map where platforms must win approval market-by-market, raising costs and slowing national rollout timelines for Robinhood and others.