James said that “no matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple. By […]
Tag: prediction markets
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 […]
Minnesota prohibits prediction markets, promptly gets sued by Trump admin
The Trump administration yesterday sued Minnesota in an attempt to block the first state law that prohibits prediction markets. While […]
The US is betting on AI to catch insider trading in prediction markets
Skip to content The Commodity Futures Trading Commission wants us to know it’s taking this very seriously. For most of […]
Senators ban themselves from prediction markets after candidates bet on own races
Kalshi also issued a five-year suspension and a penalty of $6,229.30 to independent Mark Moran, a Senate candidate in Virginia, […]
More than half of all “long shot” bets on Polymarket pay off
Kalshi, Polymarket’s major rival, has heavily promoted its own efforts, including a partnership with market surveillance company Solidus Labs, as […]
Soldier won $410K in Polymarket bets on timing of Maduro capture, US alleges
A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of […]