Bettors wager over $220M on midterm election outcomes on Kalshi, Polymarket — with big money on Texas Senate battleBettors have reportedly wagered over $220 million on the outcomes of the November midterms on prediction markets Kalshi and Polymarket.New York Post9d agoWhole story →Governmentmidterm election betting
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 →GovernmentSecuritypentagon betting ban
Mark Warner presses Polymarket, Kalshi on election disinformation effortsMark Warner and Alex Padilla are pushing for answers from the people who run the Polymarket and Kalshi prediction market platforms.Augusta Free Press2mo agoWhole story →GovernmentTechnologyAlex Padillaelection disinformation inquiry
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
New York Sues Polymarket As Prediction Market Crackdown Expands Two Months After Kalshi CaseNew York Governor Kathy Hochul said the state considers access particularly concerning for younger users.International Business Times29d agoWhole story →JusticeEconomyKathy Hochulnew york vs polymarket lawsuit
Prediction markets say Democrats are slightly favored to win SenateTraders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.CNBC1mo agoWhole story →Governmentsenate election odds
Polymarket, Kalshi Expand Political Donations as Firms Face State, Federal ScrutinyUS News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.U.S. News & World Report2d agoWhole story →GovernmentEducation
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 →GovernmentTechnologyprediction market regulation
