Hegseth bans use of nonpublic info for bets on U.S. military opsDefense Secretary Pete Hegseth said the ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi.CBS News1d agoWhole story →Securitymilitary ops betting ban
Hegseth bars US forces from using undisclosed information to bet on Polymarket, KalshiDefense Secretary Pete Hegseth barred all Pentagon staff from using undisclosed information to place wagers on forthcoming U.S. military action using betting platforms and prediction markets like Kalshi and Polymarket. “Make no mistake why this matters. Our enemies watch movements in these markets," Hegseth said in a memo, first obtained by CBS News.…The Hill1d agoWhole story →SecurityGovernmentpentagon betting ban
Hegseth directs troops to pause operations to voteHegseth cast his directive as an apolitical foil to the stand-down Defense Secretary Lloyd Austin ordered in 2021.Federal News Network21d agoWhole story →SecurityGovernmentvoting rights directive
How Prediction Markets Upstaged Election PollsPeople are increasingly using prediction market platforms like Kalshi and Polymarket to bet on real-world events, including election outcomes. (Source: Bloomberg)Bloomberg1d agoWhole story →Governmentelection prediction markets
The politics of prediction marketsAmid concerns that political insiders might use privileged knowledge to make money, there’s a new wave of efforts to regulate the platforms.The Washington Post15d agoWhole story →TechnologyGovernmentprediction market regulation
Prediction Markets Have a Lock on the MidtermsAs Kalshi and Polymarket dodge state regulations, prediction markets are upping the ante on next month’s elections. The post Prediction Markets Have a Lock on the Midterms appeared first on The Intercept .The Intercept15d agoWhole story →Governmentmidterms election
Texas lawmakers consider action against sports prediction marketsA certain kind of online wagering is drawing scrutiny from Texas lawmakers. They are now considering whether the state should take action against prediction markets.FOX 4 News1mo agoWhole story →TechnologyGovernmenttexas prediction markets hearing
Senator presses Hegseth, Caine for commitment to keep US military out of the midterm electionsDemocratic Sen. Elissa Slotkin has asked Defense Secretary Pete Hegseth to confirm that he won’t send troops to polling places during the midterm elections. Federal law typically prohibits the...SFGATE2mo agoSources (2)Whole story →SecurityGovernmentElissa Slotkinmidterm elections interference
