Kalshi, Polymarket lobby as insider trading, betting eyed by Congress
[ad_1] With proposals to rein in prediction markets proliferating through the halls of Congress in recent weeks and months, Kalshi — one of the biggest players in the booming industry — went on defense. The New York-based platform launched an ad campaign throughout Washington, rolling out mint-green spreads on billboards, bus shelters and inserts in […]
Prediction market bets on sports, election, war would be verboten under new legislation
[ad_1] Sen. Jeff Merkley (D-OR) speaks at a news conference on his marathon overnight speech on the Senate floor at the U.S. Capitol Building on Oct. 22, 2025 in Washington, DC. Andrew Harnik | Getty Images A group of congressional Democrats on Thursday introduced legislation that would ban prediction market bets on elections, government actions, […]