[CFTC Files to Block Enforcement of State Gambling Laws in Rhode Island Court] According to the U.S. Commodity Futures Trading Commission (CFTC), on May 29, the CFTC filed a motion in the U.S. District Court for the District of Rhode Island to intervene in a lawsuit, seeking to block Rhode Island from enforcing state gambling laws on CFTC-registered prediction markets. The CFTC emphasized that it holds exclusive jurisdiction over event contracts under the Commodity Exchange Act, and state laws cannot override designated contract markets. Rhode Island had previously filed a lawsuit demanding that the prediction market cease operations and return profits.