Skip to content US agency has sued 10 states for trying to stop gambling on prediction markets. Credit: Getty Images […]
Category: prediction markets
Hegseth warns prediction market bets warp military judgment, endanger troops
“All Department of War personnel are prohibited from engaging in financial transactions using nonpublic information, either directly or indirectly through […]
Polymarket saw $600 million in election trades after the elections were over
Millions kept changing hands long after the election outcomes were effectively settled. Prediction market boosters often tout the platforms as […]
A senator tried to ban gambling on prediction markets—now she’s a Kalshi lobbyist
Sen. Blanche Lincoln wrote law that let US ban sports-event contracts. She lobbies for the other side now. Blanche Lincoln, […]
Supreme Court urged to let states regulate sports bets on prediction markets
New Jersey regulates gambling and prohibits betting on college sports entirely but hasn’t been able to enforce its laws against […]
US tries to override New York gambling laws, orders Kalshi to keep operating
James said that “no matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple. By […]
Senators demand crackdown on wildfire “prediction markets”
But its primary rival, Polymarket, has taken a different approach. A spokesperson for Polymarket told Ars in an emailed statement […]
Judge blocks first state law that would have banned prediction markets
Skip to content Judge may allow Minnesota to ban some types of bets, but not all of them. Credit: Getty […]
Judge rejects Kalshi attempt to override New York state gambling laws
“The presumption against preemption, therefore, applies to this case, and the Court must analyze whether Kalshi has demonstrated that, in […]
FBI says Google engineer used internal search data to win $1.2M on Polymarket
“We’re working with law enforcement on their investigation,” Google said in a statement provided to Ars. “The employee accessed our […]