FinancePolitics
CFTC Probes Mention Markets as Kalshi Pulls Sports Word Bets
Federal regulators investigate prediction market 'mention markets' after White House teleprompter scandal; Kalshi removes sports word bets.
—7 min read
Tag
#Prediction Markets
16 articles
PoliticsEconomy
Tribal Gaming Watchdog Paralyzed Without Chairperson
The NIGC can't enforce laws for the $46B tribal gambling industry without a chairperson, stalling deals and raising oversight concerns.
—6 min read
US/PoliticsLaw
Kalshi: Wisconsin Election Bet Ban Is 'Voter Suppression'
Kalshi challenges Wisconsin's 1849 law banning election bets as voter suppression. The case highlights a national battle over prediction market regulation.
—5 min read
Business & FinanceTechnology
Kalshi Denies It's a Sportsbook as World Cup Bets Surge
Kalshi processed $40B in World Cup bets while avoiding billions in state taxes. The CFTC-regulated platform faces 30+ lawsuits over its classification.
—5 min read
BusinessRegulation
Kalshi: Sports App or Financial Exchange? Billions at Stake
A legal battle over whether Kalshi is a sports gambling app or financial exchange could determine billions in tax revenue and reshape U.S. betting.
—6 min read
PoliticsTechnology
White House Aide Bet $100K on Trump's Speeches, Probe Finds
A White House teleprompter operator allegedly used inside knowledge of Trump's speeches to win over $100K on Kalshi, sparking a CFTC investigation.
—5 min read
US NewsPolitics
Air Force Revokes 135 Promotions in US News Roundup
US news roundup: Air Force rescinds 135 promotions, Vatican ambassador profile, NYC building evacuation, campaign betting, and Bonnie Tyler dies at 75.
—4 min read
PoliticsEthics
Campaign Staffers Still Betting on Races Despite Crackdown
Campaign staffers continue using Kalshi to bet on elections despite new FEC cross-referencing system. Gaps remain as Congress stalls on regulation.
—5 min read
TechnologyBusiness
Meta Explored Buying Kalshi Before Building Prediction App
Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a potential acquisition in 2025 before deciding to build Arena, its own prediction app.
—4 min read
TechnologyBusiness
Meta Builds AI Prediction Market App Arena, Documents Reveal
Meta is developing Arena, an AI-powered prediction market app separate from Facebook and Instagram, internal documents show.
—4 min read
Crime & JusticePolitics
George Santos Probed for Kalshi Trades, Threatened Reporter
Former Rep. George Santos faces DOJ and CFTC probes for alleged insider trading on Kalshi. He also threatened the NPR reporter who broke the story.
—5 min read
PoliticsLegal
Santos Investigated for Insider Trading on Prediction Market
Former Rep. George Santos is under investigation by the DOJ and CFTC for allegedly betting against himself on Kalshi ahead of Trump's State of the Union.
—4 min read
TechnologyFinance
Google Engineer Charged in $1.2M Polymarket Insider Trading
A Google engineer was charged with insider trading after using confidential search data to make $1.2 million on the Polymarket prediction platform.
—5 min read
BusinessTechnology
Inside Prediction Markets: How Sharps Outsmart Wall Street
A deep dive into prediction markets reveals how savvy 'sharps' made millions wagering on war, elections, and more, challenging Wall Street.
—6 min read
PoliticsFinance
Minnesota Becomes First State to Ban Prediction Markets
Minnesota Gov. Tim Walz signed the nation's first law banning prediction markets. The CFTC and DOJ immediately sued, setting up a landmark legal battle.
—5 min read
FinanceTechnology
Polymarket Opens Private Company Bets to Retail Traders
Polymarket partners with Nasdaq Private Market to let retail traders bet on private company valuations, IPOs, and secondary activity for the first time.
—5 min read